Warehouse REIT PLC - real estate investment trust focused on warehouse assets - Buys four modern warehouse units on Boulevard Industry Park in Speke, Liverpool, for GBP35 million. Purchase price for the 390,000 square foot deal reflects a net initial yield of 5.5%. The properties generate net rental income of GBP2.1 million per year.
Current stock price: 127.40 pence
Year-to-date change: up 6.2%
By Lucy Heming;Â lucyheming@alliancenews.com
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Warehouse Reit (WHR)