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Cordatus Property Trust acquires Mercor portfolio for £45.35m
Joint owners Avignon Capital and Riverside Capital complete the sale of the ‘Mercor Portfolio’ to Cordatus Property Trust for £45.35m (c. €50.7m), reflecting a net initial yield of 5.35%. The Mercor Portfolio is made up of 33 trade counter units let on long leases to Travis Perkins. The properties are…
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