Stenprop, the UK multi-let industrial property investor, has acquired an industrial estate in Bridgwater, Somerset, in an off-market deal from a private investor for £4.8 million, which reflects a net reversionary yield of 6.9%.
RDI, the income focused UK-REIT, today announces that it has completed the acquisition of Southwood Business Park, an industrial estate in Farnborough, Hampshire for a total consideration of £26.3 million, reflecting a net initial yield of 6.2%.
Stenprop, the UK multi-let industrial property investor, has acquired Estuary Court, an industrial estate in Newport, South Wales, from Storage Giant for £3.1 million, which reflects a net initial yield of 7.6%.
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