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IN BRIEF: Warehouse REIT Buys Four Warehouse Units For GBP35 Million

11th Feb 2021 12:53

Warehouse REIT PLC - real estate investment trust focused on warehouse assets - Buys four modern warehouse units on Boulevard Industry Park in Speke, Liverpool, for GBP35 million. Purchase price for the 390,000 square foot deal reflects a net initial yield of 5.5%. The properties generate net rental income of GBP2.1 million per year.

Current stock price: 127.40 pence

Year-to-date change: up 6.2%

By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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