AIM-listed London & Stamford Property announced on Tuesday that it has completed the acquisition of Radial Distribution for £208.5 mln (EUR 242 mln) exclusing costs from Warner Estate Joint Ventures and Uberior Ventures. The deal was first announced last week.

The Radial portfolio comprises 16 warehouse units with 316,000 m2 of space in prime locations in the UK. Of the 16 units, 13 are located in the Midlands and one in Scotland, the South East and the South West.