Stenprop multi-let industrial industrial portfolio passes five million sq ft

Stenprop has acquired two MLI properties, comprising 18 high-quality units, in Glasgow and Stoke-on-Trent. The assets have been purchased in separate transactions for a total consideration of £11.1 million, reflecting a blended net initial yield of 6.5%. Following these acquisitions, Stenprop’s MLI portfolio now totals in excess of five…