Kenmore snaps up EUR 70.19 mln worth of industrial properties

Real estate investment company Kenmore Euro Industrial Fund has announced the acquisition of seven industrial and warehouse buildings in Germany, France, Sweden and Norway for a total of EUR 70.19 mln (£47.2 mln). The transaction, which generated a combined yield of 8%, was the first by fund since it raised EUR 208 mln with a listing on the London Stock Exchange in September.

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