LXI REIT, advised by AY, have bought these 2 retail warehouse units totalling 73,000 sq ft next to a large Morrisons store, reflecting a yield of around 6.25%. There is a WAULT of circa 17 years and both leases have fixed rent uplifts at 2% to 2.5% per annum. Savills acted for vendors; Paloma and the purchasers were advised by AY.
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