Aston Rose acts on acquisition for AEW UK REIT

Aston Rose acted for AEW UK REIT on the acquisition of a 182,000 sq ft industrial unit on the Eastern Industrial Estate in Peterborough. The asset is fully let to Walstead Investments Limited for a term of just under four years. The property was purchased for c.£5.7m, reflecting a net initial yield of 8.64% and a capital value of c.£31 per square foot.