Helical has completed on the disposal of four assets in two separate transactions for a combined price of £20.7m representing a 10% premium to the March book value.
The sales were as follows:
– Three logistics units located in Daventry, Burton on Trent and Bedford to Custodian REIT for £13.4m, reflecting a net initial yield of 6.75%
– A single logistics unit in Stevenage which is let to DSG sold to LondonMetric Property for £7.3m, reflecting a net initial yield of 6.25%
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