Hansteen Holdings : HSTN – disposal

Hansteen Holdings has today announced that it has sold a portfolio of ten multi-let industrial estates and an office park. The portfolio is held through Ashtenne Industrial holdings, a vehicle that Hansteen has a 36.7% interest in and is investment manager of.

The 900,000 square foot portfolio fetched £62m (a price equivalent to an initial yield of 7.5%).

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