Would this information be relative.https://tritaxbigbox.co.uk/pressrelease/acquisition-royal-mail-distribution-facility-riversdale-road-atherstone-32-68-million/
Acquisition of the Royal Mail Distribution Facility at Riversdale Road, Atherstone for £32.68 Million
7 September 2017
The Board of Tritax Big Box REIT plc (ticker: BBOX) is pleased to announce that it has acquired a Regional Distribution Centre at Riversdale Road, Atherstone let to Royal Mail Group Limited (“Royal Mail”), the main subsidiary of Royal Mail plc, one of the UK’s leading postal and delivery companies and the UK’s designated universal postal service provider. The total consideration is £32.68 million (excluding purchaser’s costs), reflecting a net initial yield of 6.1% on the corporate acquisition. The purchase is being funded from equity.
“We are delighted to have acquired the Royal Mail’s Regional Distribution Centre for the Midlands at an attractive yield which is accretive to our portfolio income yield and which offers the potential for strong rental growth in 2021 as well as opportunities for future value enhancement.