Warehouse REIT to raise funds for three last mile acquisitions

Warehouse

Source: Shutterstock/ Don Pablo

Warehouse REIT has launched a share issue to raise up to £45.9m to help fund three last mile industrial acquisitions.

The shares will be priced at £1.21 each, will be used to help finance the acquisition of two adjacent distribution warehouses in Harlow for £13.9m, plus two further multi-let warehouse estates currently under offer.

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