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Stenprop acquires 32,622 sq ft Lombard Centre in Aberdeen

Stenprop has acquired the Lombard Centre, an industrial estate in Aberdeen, in an off-market transaction from Mayfair Capital for £3.25 million (c. 3.6 million), which reflects a net initial yield of 8.15%. The site, which comprises 10 units totalling 32,622 sq of industrial space, is located next[…]