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Lumina Real Estate Capital and Citivale establish UK industrial platform

Lumina Real Estate Capital (LREC) and Citivale have created a platform to acquire industrial properties across the UK.
By James Wallace
September 26, 2014 | 2:30 P.M.

The collaboration will be known as LC Industrial and will involve an initial investment target of £50m, focusing on multi-let estates up to £10m each.  Acquisitions will be all-cash deals with any gearing put in place post completion.

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