Harworth (GB:HWG) has released an update.
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Harworth Group PLC has expanded its investment portfolio by acquiring a 285,000 sq. ft. Grade A urban logistics scheme in South Yorkshire for £43.7 million, boasting a net initial yield of 5.4%. This strategic move not only extends the company’s flagship Advanced Manufacturing Park (AMP) but also aligns with its goal to transition its core portfolio to 100% Grade A by 2027. With this acquisition, 90% leased and generating a projected £2.5m in annual rent once fully occupied, Harworth continues to bolster its standing as a major player in sustainable land regeneration and investment.
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