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Alder King acquires freehold investment of Almondsbury distribution unit

On behalf of TR Property Investment Trust Plc, property consultancy Alder King has acquired the freehold investment of a 53,115 sq ft prime distribution unit in Almondsbury, near Bristol, for £4.57 million reflecting a net initial yield of 6.71%.  The property was acquired from Equity Partnership (Osprey) Ltd, represented by JLL.

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