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Tritax buys Staffs Argos distribution hub for £74.65m

Tritax Big Box REIT has bought Argos’ National Distribution Centre at Barton Business Park, Burton-upon-Trent, Staffordshire for £74.65m, reflecting a net initial yield of 5.55% on the corporate acquisition.
CoStar News
March 29, 2016 | 12:43 P.M.

The purchase has been funded from equity proceeds, with senior debt finance expected to be introduced in the near term.

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