W. P. Carey acquires £85m Class-A logistics facility from LondonMetric

W. P. Carey has acquired a 726,000 square foot (67,500 square meters) Class-A, cross-docked logistics facility for £85 million in an off-market transaction. The mission-critical facility is net leased to the UK operating subsidiary of Dixons Carphone, a publicly listed multinational electronics and telecommunications retailer and services company.…