Finance

LondonMetric sells two Yorkshire warehouses for £67m

By 2019-03-25T08:00:00

Andrew Jones

LondonMetric has sold two logistics warehouses, in Sheffield and Wakefield, for £67m to Exeter Property Group.

The 527,000 sq ft property in Wakefield, previously occupied by Poundworld, has been sold for £43.5m. The building was acquired in September 2016 for £39.4m and the sale is in line with book value.

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