LondonMetric in £55m portfolio buy
LondonMetric has bought ten single let properties for £55m from the ACT Foundation.
The portfolio consists of nine urban logistics assets totalling 340,000 sq ft and a retail store let to Wickes for a further 14 years. Around 50% of the assets are located in London and the South East, with a further 35% located in the Midlands. Two of the assets representing 20% of estimated rental value (ERV) are located in Park Royal and Greenford.
This is premium content
You must be logged in to view premium stories.
Subscribe for full access
Take out a print and online or online only subscription and you will get immediate access to:
- Breaking industry news as it happens
- Expert analysis and comment from industry leaders
- Unlimited access to all stories, including premium content
- Full access to all our online archive
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts
If you are already a registered user or a subscriber you can SIGN IN now