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Warehouse REIT acquires Plymouth warehouse for £4.3 million

Warehouse REIT has acquired a 66,000 sq ft warehouse in Plymouth, Devon, from a client of BMO Global Asset Management, for £4.3 million (c. €4.88 million), reflecting a net initial yield of 7.4%. Constructed in 1985, the well specified property sits on a 3.9 acre site within the Parkway Industria[…]