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Oxenwood acquires £10.1m last-mile logistics facility

Oxenwood Real Estate has acquired a prime, last mile, urban logistics facility near Southampton for Oxenwood Catalina, its joint venture with Catalina Holdings, for £10.1 million (c. €11.45 million). The price reflects a net initial yield of 5.50%. The facility, which was constructed in 2008 and totals 83,850 sq ft,…

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