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Custodian Gets the Gist With Off-Market Scottish Warehouse Deal

Acquisition Is Busy REIT’s Second Purchase north of The Border This Year
5 Brittain Way has served as Gist's Scottish distribution hub since 2017
5 Brittain Way has served as Gist's Scottish distribution hub since 2017
CoStar Analytics
September 16, 2022 | 6:00 AM

Custodian REIT has acquired a 92,000-square-foot warehouse in North Lanarkshire, Scotland, from Columbia Threadneedle for £11.1 million, or a net initial yield of 5.25%.

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