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Schroder European REIT acquires a French logistics asset for €8.4 million

Schroder European Real Estate Investment Trust has exchanged contracts to purchase a freehold logistics property in Rumilly, southern-eastern France, for €8.6 million, reflecting a net initial yield of 7.0%.

The 16,700 sqm warehouse is fully let to a strong covenant, a subsidiary of the global foo...

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