Aberdeen Standard European Logistics Income said Friday it had exchanged conditional contracts to acquire a warehouse located in France for â¬23.5m, providing a net initial yield of 4.7%.

Contracts on warehouse, fully let to Office Depot France until 2026, were expected to become unconditional by no later than 22 January 2019, the company said.

The building had a total lettable area of 30,180 square metres and was expected to to generate a 'durable' income stream, the company added.. At 9:11am: (LON:ASLI) Aberdeen Standard European Logistics Income Plc Ord 1p share price was -1.25p at 102.75p



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