Alpha Real Share News (ARTL)

(Sharecast News) - Alpha Real Estate Trust has acquired an industrial facility in Hamburg for €17.0m, securing it a long-term and predictable inflation-linked income stream.The property, currently leased to Veolia with a 24-year unexpired lease term, has a passing rent of €900,000 per year, with periodic inflation-linked adjustments.In order to fund the acquisition, ART secured a €9.5m fixed-rate loan facility with a 10-year term.ART told investors on Tuesday that the acquisition offered it the potential to benefit from a long-term secure and predictable inflation-linked income stream which is forecast to generate stable high single digit income returns whilst contributing additional diversification to the group's portfolio.In addition, ART said the investment offers up the potential for associated capital growth from an industrial location in a major German logistics and infrastructure hub.As of 1200 BST, ART shares had risen 1.53% to 133p.