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LondonMetric sells Martlesham Heath retail park for £22.0 million

LondonMetric Property Plc has sold its retail park in Martlesham Heath, Ipswich, for £22.0 million (c. €24.7 million), reflecting a NIY of 5.2%. The 48,000 sq ft retail park was acquired in 2013 for £10.4 million (c. €11.7 million). The company has executed a number of asset management initiatives during…

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