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LondonMetric Property Plc announces acquisition of two logistics warehouses for £48 million let to Clipper Logistics and Gefco

Nov 29 2017

LondonMetric Property Plc ("LondonMetric") announces the acquisition of two logistics warehouses for £47.6 million, reflecting a blended NIY of 5.0% rising to a minimum of 5.6% after five years. The average lease length is over 18 years.

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