Menzies Distribution Sells Warehouses
![Menzies Distribution Sells Warehouses to Investment Company](https://tandlonline.com/wp-content/uploads/2019/10/Menzies_van-scaled-1-1024x676.jpg)
Menzies Distribution Limited (MDL) has sold via a sale and leaseback transaction to Custodian REIT, the Leicester-based property investment company, a portfolio of properties worth £24.65 million. Included in the portfolio are eight “last mile” distribution units spread throughout the UK, each with a passing rent of £1.61 million, reflecting a net initial yield of 6.4 […]