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AEW UK REIT acquires industrial building in Peterborough

AEW UK REIT has bought a c.182,000 sq ft single-let industrial building in Peterborough, for c.£5.7m, reflecting a net initial yield of 8.64% and a capital value of c.£31 per sq ft.
By James Buckley
July 27, 2017 | 2:20 P.M.

The asset, which is located within the Eastern Industrial Estate, is fully let to Walstead Investments Limited for a term of just under four years to expiry.

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