LondonMetric sells two Yorkshire warehouses for £67m

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.

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