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Urban Logistics REIT acquires UK distribution asset for £5.4m
StockMarketWire.com
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Logistics property investor Urban Logistics REIT said it had acquired a UK distribution asset for £5.4 million.
The purchase price implied a net initial yield of 4.95%.
The site, near the M5 motorway, was let to Spire Healthcare with a reversionary lease already agreed for a term of five years from 7 April 2021.
At 9:14am: (LON:SHED) Urban Logistics Reit PLC share price was 0p at 142.5p
Story provided by StockMarketWire.com
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