By David Parsley2021-11-05T07:55:00
Source: Shutterstock/ Don Pablo
Industrials REIT, the group formerly known as Stenprop, has acquired three multi-let estates for £18m.
The three estates, in Birkenhead, Coatbridge, and Stockton on Tees, have been purchased in separate transactions. The deals reflect a blended net initial yield of 7.1% and a capital value of £69 / sq ft.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.