Warburg-Henderson has acquired the freehold interest in a newly developed distribution warehouse at Drum Industrial Estate, County Durham in the UK. The purchase from Gladman Developments was carried out on behalf of Warburg-Henderson's European Core Property 1 Fund. The investment volume of £16.25 mln (almost EUR 19 mln) reflects a net initial yield of 6.69%.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
