Market Report
23 May
LondonMetric acquires two NNN retail assets
Real estate investment trust LondonMetric has acquired a portfolio comprising two single-tenant triple-net retail assets for £23. 3m, reflecting a blended net initial yield of 6. 7%.
23 May
Big Yellow agrees to sell industrial warehouse scheme in Harrow
Self-storage facilities operator Big Yellow Group has conditionally agreed to dispose of its industrial warehouse scheme at Harrow, London for gross proceeds of £61. 0m.
20 May
US close: Dow Jones registers first eight-week losing streak since 1923
Wall Street stocks turned in a mixed performance on Friday as the Dow Jones registered its first eight-week losing streak since 1923.