Finance

LondonMetric fills up on service station deals

By 2021-02-02T08:11:00

Shell petrol station

Source: Shutterstock/photocritical

LondonMetric Property has paid £21.9m for seven convenience service stations across the UK in three separate deals.

The deals represent a blended net initial yield of 5.1% and the assets have a weighted unexpired lease term of 18 years.

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