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Kennedy Wilson buys Ipswich warehouses

Kennedy Wilson Europe Real Estate has bought two distribution warehouses at the Orion Business Park, Ipswich for £11.6m, reflecting a yield on cost of 8.1%.
CoStar News
December 12, 2016 | 2:46 P.M.

Acquired in two separate transactions, the two adjoining units are fully let to local and national logistics companies and offer over 203,000 sq ft of space, in aggregate, with a WAULT of 5.3 years (7.9 years to expiry).

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