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LondonMetric Continues to Crystalise Gains and Recycle into Distribution

Jun 03 2014

LondonMetric announces the disposal of its completed retail development at Berkhamsted for £12.45 million, NIY 4.5% and further sales from its Odeon and DFS portfolios for £15.2 million, NIY 6.1% and £17.1 million, NIY 7.8%, respectively. It also announces the purchase of the Royal Mail distribution centre in Rotherham for £10.3 million, NIY 6.0%.

The full announcement can be found in the attached file.

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