Warburg-Henderson has acquired the freehold interest in a newly developed distribution warehouse at Drum Industrial Estate, County Durham in the UK. The purchase from Gladman Developments was carried out on behalf of Warburg-Henderson's European Core Property 1 Fund. The investment volume of £16.25 mln (almost EUR 19 mln) reflects a net initial yield of 6.69%.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
