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Picton disposes of non-core property in Drury Lane for €2.59 million

Picton has disposed of a non-core property in Drury Lane, Oldham, for €2.59 million (£2.2 million), completing its business plan for the asset. The warehouse was purchased in April 2010 for €0.5 million (£0.4 million) with an annual rent of €86,969 (£74,000) as part of the acquisition of Rugby REIT.…

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