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Low Yield in Enfield

By September 2021 Transactions

ACRE Capital have advised Mirastar on the acquisition of a prime urban logistics warehouse let to DHL in Enfield, London.

The property extends to 100,355 sq ft on a 4.05 acre site, providing a low site coverage of 49%.

The property was acquired by Mirastar for a purchase price of £43,000,000, reflecting a net initial yield of 1.91%.

Location: Enfield
Property Type: Distribution
Transaction Type: Acquisition
Client: Mirastar