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Schroder buys in Milton Keynes

Schroder Real Estate Investment Trust has acquired a retail warehouse in Bletchley, Milton Keynes for £9.9m, reflecting a net initial yield of 6.5%.
By James Buckley
November 19, 2014 | 3:15 P.M.

The property is let to Matalan Limited for a further 6.5 years at a rent of £675,800 per annum. 

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