LondonMetric Property has announced the acquisition of two logistics warehouses in the UK for £47.6 mln (€54 mln), reflecting a blended net initial yield of 5.0% rising to a minimum of 5.6% after five years.
Logistics specialist GLP has acquired a 123,000 m2 plot of land in the Terre de Guépelle Business Park in Saint-Witz, in the Île-de-France region of northern France near Paris.
