Dec 18 2014
LondonMetric Property Plc announces that it has agreed to purchase, via a forward funding contract with Omega Warrington Ltd (a Miller Developments’ joint venture), a new 690,000 sq ft retail distribution centre in Warrington for £47.5 million, reflecting a net initial yield of 7.5%. The acquisition will be financed from the Company’s existing resources.
The full announcement can be found in the attached file.
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