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Urban Logistics acquires NHS distribution centre from Orchard Street for €14.6m
Orchard Street Investment Management has completed the sale of an NHS logistics unit operated by Unipart in Normanton, West Yorkshire, to Urban Logistics REIT for €14.6m (£12.9m). The sale price reflects a net initial yield of 5.24%. This 152,348ft² industrial property was acquired as part of a portfolio in 2006.…
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