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BRIEF-Londonmetric Property announces sale of royal mail distribution centre for 48.8 mln pounds
October 2, 2017 / 6:27 AM / 2 months ago

BRIEF-Londonmetric Property announces sale of royal mail distribution centre for 48.8 mln pounds

Oct 2 (Reuters) - LONDONMETRIC PROPERTY PLC:

* EXCHANGED ON SALE OF A ROYAL MAIL DISTRIBUTION WAREHOUSE IN DAVENTRY TO TRITAX BIG BOX REIT PLC FOR £48.8 MILLION, REFLECTING A NIY OF 5.0%​

* ‍ACQUIRED BESPOKE 272,000 SQ FT WAREHOUSE IN 2014 FOR £36.0 MILLION, REFLECTING A NIY OF 6.7%​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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