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UKCP REIT acquires M8 Industrial Estate near Glasgow for £24.6 million
UK Commercial Property REIT Limited (UKCP REIT) has acquired the M8 Industrial Estate near Glasgow from Grayling Capital for a headline price of £24.6 million (c. €27.7 million), based on a topped up net initial yield of 5.9%. The acquisition is being funded through existing cash resources. M8 Industrial Estate,…
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