UK industrial REIT LondonMetric has agreed to purchase and fund a new 232,000 ft2 (21,500 m2) distribution warehouse in the north of England for £24 mln (€26 mln), reflecting a yield on cost of 5.2%.
Real estate investor, developer and asset manager, Firethorn Trust has appointed Charlie Ingham as director of Firethorn Investment Management, its third-party investment, development and asset management services offering.
