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Tritax buys DSG distribution hub

Tritax Big Box REIT has exchanged contracts to buy a National Distribution Centre let to DSG Retail, part of the Dixons Carphone group for £77.3m (excluding purchaser’s costs), reflecting a net initial yield of 5.86% on the corporate acquisition.
CoStar News
May 24, 2016 | 11:57 AM

The purchase is being funded from equity proceeds, with senior debt finance expected to be introduced in the near term. Completion is expected to take place later today.

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