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£3.4 million acquisition of Storbat biomass storage and processing plant in Rotherham

LXi REIT plc has acquired the freehold interest in the Stobart biomass storage and processing plant in Rotherham in a sale and leaseback transaction. The purchase price for the property is £3.4 million (c.€3.85 million), reflecting a net initial yield of 6.2% (net of acquisition costs to the comp[…]
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