Supply Chain Council of European Union |

REIT LondonMetric Drops $53M On Pair Of UK Warehouses

Law360 (January 12, 2021, 3:07 PM EST) — LondonMetric Property has reached a deal to buy a pair of warehouses in England for £39 million ($53.2 million), according to an announcement Tuesday from the U.K.-based real estate investment trust.

LondonMetric Property PLC said Tuesday it has purchased a property in Manchester from construction firm Marshall CDP and an asset in the Birmingham area from real estate firm Opus Land.

The REIT paid for £20.5 million for the 137,000-square-foot Manchester property and dropped £18.1 million on the Birmingham-area warehouse, which has 122,000 square feet of space and is located in Oldbury, seven miles to the west of Birmingham.

“These newly…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related posts

Toby Rush To Lead Smart Warehousing LLC As CEO


Swisslog, Jungheinrich AG, SSI Schaefer, Knapp AG


Voice-Directed Warehousing Solutions Market Size 2020 Demand, Global Trend, News, Business Growth, Top Key Players Update, Business Statistics and Research Methodology by Forecast to 2026 – Farming Sector


Leave a Comment