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AEW UK REIT acquires multi-let industrial building in Basildon
AEW UK REIT has acquired a c. 69,000 sq ft multi-let industrial building in Basildon, Essex, for €5.4 million (£4.55 million), reflecting a high Net Initial Yield of 7.8% and a capital value of €77.71 (£66) per sq ft. The warehouse, which is located within the established Cranes Farm Industrial…