Clipstone refocuses solely on London and SE industrial

By Richard Williams2019-01-11T00:00:00

Source: Shutterstock/WHYFRAME

Specialist industrial fund manager Clipstone has refocused its business solely on the London and South East industrial sector after selling its distribution warehouse portfolio just before Christmas.

The company, which sold the Midlands-focused portfolio to UK Commercial Property REIT for £85.4m in a deal reflecting a yield of 5.5%, said the transaction marked a complete exit from the distribution warehouse sector.

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