Urban Logistics has agreed to acquire a pair of logistics portfolios from LondonMetric for a total cost of £36m.
The REIT has completed on the first acquisition today - a £19.5m logistics portfolio comprising of three assets representing a net initial yield of 6%.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts