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LondonMetric Acquires Dixons Retail Distribution Warehouse for £68.5 Million

Oct 01 2014

LondonMetric Property Plc announces that it has exchanged contracts for the off-market acquisition of the Dixons Retail distribution centre in Newark for £68.5 million, reflecting a net initial yield of 6.4%. The acquisition is from a private investor and will be funded from the Company’s existing resources.

The full announcement can be found in the attached file.

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