UK-based multi-let industrial , listed property company Industrials REIT , has acquired Beacon Business Park in Caldicot and three units at Belmont Industrial Estate in Durham for £17.01m. This forms part of its goal of making its portfolio exclusively industrial by March.
The acquisition reflects a blended net initial yield of 5.8%, an average capital value of £98 per square foot...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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