LondonMetric swaps Warrington cinema for logistics asset in Milton Keynes

Warrington Odeon

LondonMetric Property has sold an Odeon Cinema in Warrington for £13.7m to an institutional pension fund, reflecting a NIY of 4.8%.

At the same time, the group has also announced it the acquisition of an urban logistics asset in Milton Keynes for £12m, reflecting a deemed NIY of more than 5%.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue