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LondonMetric Sells a Portfolio of Multi-Let Industrial Units for £46 Million

Mar 23 2023

LondonMetric Property Plc ("LondonMetric") announces that it has simultaneously exchanged and completed on the sale of a portfolio of three multi-let industrial estates for £46.0 million, which reflects a NIY of 5.8%. The disposal is slightly above book value as at 30 September 2022.

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