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Stenprop acquires Estuary Court from Storage Giant for £3.1 million
Stenprop has acquired Estuary Court, an industrial estate in Newport, South Wales, from Storage Giant for £3.1 million (c. €3.5 million), which reflects a net initial yield of 7.6%. Estuary Court is a modern estate, located in the established industrial location of Queensway Meadows. It comprises 20 units, totalling 34,980…