LondonMetric Property sells four industrial estates to Hines for £40.5m
LondonMetric Property Plc has divested a portfolio consisting of four multi-let industrial estates to real estate investment firm Hines, at a price of £40.5 million. This sale reflects a Net Initial Yield (NIY) of 6.2%. Spanning 435,000 square feet across 47 units, the industrial estates generate an annual rental income of £2.7 million, with a […]