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© Dmitry Kalinovsky
Warehouse REIT, a specialist UK urban logistics fund followed last week’s £150m initial public offering in London today with the acquisition of four multi-let industrial estates for £26.25m
Two are located in the UK north-west, one in the Midlands and one in the south-east and are all either in urban areas or on strategic infrastructure links. They have a total floor area of 603,000sq ft and REIT says they generate an annual net rent of £2.11m.
“With average passing rent equating to £3.50 per sq foot, ...
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