M7 Real Estate has acquired 10 industrial and office assets for £29.9m, on behalf of a new separate account mandate for a Middle Eastern sovereign wealth investor.
The deal reflects an initial yield of 9% and a capital value of £50 per sq ft.
The assets, which were acquired through six transactions and complete the acquisition period for the UK element of the mandate, total circa 591,000 sq ft and are located across the UK.
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Including:
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