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Hermes buys Poole industrial estate

Hermes Investment Management has bought Fleets Corner Industrial Estate in Poole, from a fund managed by Clearbell Capital, the private real estate fund management business for £35.5m.
CoStar News
February 23, 2016 | 7:09 P.M.

A further £1m is payable upon clearance of planning conditions at a net initial yield of circa 7%.

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