Jan 27 2014
LondonMetric exchanged on the sale of the Odeon Multiplex Cinema in Dudley for £7.7 million to clients of Aberdeen Asset Management, reflecting a net initial yield of 5.95%. The property formed part of a portfolio of ten Odeon Multiplex Cinemas acquired by LondonMetric in November 2013 for £80.6 million, reflecting an overall net initial yield of 7.2%.
The full announcement can be found in the attached file.
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