Wednesday 13th Dec 2017 - Logistics Manager

LondonMetric buys two

LondonMetric Property has acquired two logistics warehouses for £47.6 million.

At Ollerton in Nottinghamshire, LondonMetric has agreed to acquire a 364,000 sq ft regional warehouse let to Clipper Logistics on a 20 year lease, at a rent of £5.04 psf.

At Speke, LondonMetric has acquired a new 132,000 sq ft regional logistics warehouse let to Gefco, on a new 15 year lease, at a rent of £5.17 psf.