Finance

Warehouse REIT agrees forward funding deal on Oxfordshire industrial scheme

By 2022-03-21T08:37:00

Warehouse

Source: Shutterstock/Mike Laptev

Warehouse REIT has agreed a £35m forward funding deal to acquire a 170,000 sq ft multi-let industrial development in Thame, Oxfordshire.

The scheme has secured detailed planning permission and is scheduled to complete in December this year. A 12-month rent guarantee has been agreed with the vendor that equates to a running yield in excess of 4.6%.

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