Warehouse REIT buying warehouse portfolio across UK for £44 million

LONDON: Warehouse REIT plans to acquire a portfolio of  five  single-let and multi-let warehouse assets located across the UK owned by Greenstone Property Holdings Limited. The purchase price of £43.6 million reflects an attractive blended net initial yield of 6.7% and provides a combined WAULT of 5.5 years. Located in established logistics markets, the portfolio…