Ribston has recently completed the acquisition of Two prime units at Gelderd Road, Leeds. The tenant is Clipper Logistics PLC, which operates a contract for supermarket operator Morrisons from the buildings, which extends to 90,464 sq ft.
Along with the recent acquisition at 233-256 Causewayside, Edinburgh. The two acquisitions were made at a gross cost of £12.25m and combine to provide an initial yield of 5.1%.
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