Jan 30 2014
LondonMetric exchanged on the acquisition of the Superdrug Distribution Centre in South Elmsall, Doncaster from OLIM Property Limited acting on behalf of BAE Systems Pension Fund. The purchase price is £13.0 million (net of acquisition costs), reflecting a net initial yield of 7.3%. The acquisition is expected to complete in June 2014 and will be funded from existing resources.
The full announcement can be found in the attached file.
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