LondonMetric buys Eddie Stobart facility for £56.5m

Eddie Stobart

LondonMetric Property has bought the 410,000 sq ft Eddie Stobart distribution facility in Dagenham from Meaalofa Developments for £56.5m, reflecting a net initial yield of 5.1%.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue