Warehouse REIT PLC – WHR – Trading Update
Warehouse REIT, (the “Company”), the AIM-listed specialist warehouse investor, announces a trading update covering the period since 1 October 2020.
Warehouse REIT, (the “Company”), the AIM-listed specialist warehouse investor, announces a trading update covering the period since 1 October 2020.
Warehouse REIT, the AIM-listed specialist warehouse investor, has exchanged contracts to acquire a multi-unit estate in Northampton let to John Lewis and a multi-let industrial estate in Aberdeen. The assets were purchased in two separate transactions for a total consideration of £37 million, reflecting a blended net initial yield of 6.6%.
Warehouse REIT, the AIM-listed specialist warehouse investor, has exchanged contracts to acquire a 53,000 sq ft single-let industrial unit in Wakefield for £4.2 million, reflecting a net initial yield of 6.3%.
Warehouse REIT, the AIM-listed specialist warehouse investor, announces that it has exchanged contracts for the acquisition of a strategically located warehouse in Widnes, Cheshire for £2.765 million, reflecting a net initial yield of 7.3%.