LondonMetric Property Plc sells distribution assets

  • Dec 21, 2019 GMT
  • Team Kalkine
  • The company has sold two mega box and two regional distribution warehouses
  • The total consideration is £3 million
  • The four properties have a WAULT of 10 years and generate £3 million per annum
  • Following the sale, the company’s big box warehousing will represent 14% of its portfolio

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