Warehouse REIT buys property portfolio from Hansteen for £116m
Source - SMW
Warehouse REIT said it had agreed to acquire a portfolio comprising 51 assets from Hansteen Holdings for £116m.
The company said the deal was in line with its strategy and concluded the successful deployment of all funds raised by in its September IPO.
The 51 warehouse properties provide over 500 leasable units, delivering a total floor area of approximately 1.65 million square feet, the majority of which are located in the Midlands and southern England.
At 9:24am: (LON:WHR) Warehouse Reit Plc Ord 1p share price was 0p at 103p