Finance

BMO buys two Midlands logistics assets

By 2022-01-17T09:09:00

Markham Vale asset - BMO REP

BMO Commercial Property Trust has increased the industrial weighting of its portfolio to 29.3% following the acquisition of two logistics assets in the Midlands.

The first acquisition comprises Orion One and Two of Derbyshire’s 200-acre flagship redevelopment scheme, Markham Vale, which was purchased for £44.5m. The deal reflects a net initial yield of 3.7%.

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