LONDON-Andrew Jones, chief executive of newly formed REIT LondonMetric Property plc, is apparnetly happy in the UK. In a follow-up to Friday's story on the REIT's first acqusition, Jones goes into detail about the trust's attack on the market.
(For the original story, click here.)
The plan, at least for the foreseeable future, he says, is to stick to the UK as the investment target of choice. "We believe that the UK offers compelling value with opportunities to acquire well-let and well-located retail, distribution and Greater London real estate assets," he tells GlobeSt.com.
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