News - Glenstone REIT

Glenstone acquire South Coast industrial open storage facility for £9.9 million.

Posted on July 11, 2019

Glenstone Property plc announces that it has successfully acquired a multi user, open storage facility in Newhaven for £9.9 million, providing a Net Initial Yield of 7.25%.

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Property Income Distribution 4

Posted on June 21, 2019

The Directors of Glenstone Property plc are pleased to report that at a Board Meeting held on Wednesday 5th June 2019, it was resolved that a second interim Property Income Distribution of 30p per Ordinary share of 2p each is to be paid on 28th June 2019 in respect of the year ending 31st March 2019.

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Prime Central London Pub Purchase

Posted on March 19, 2019

Glenstone’s leisure subsidiary Innbrighton Properties Limited have completed the purchase of The Old Red Lion pub located in prime central London. The premises comprise of a cellar, two trading levels with two floors of residential.

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Glenstone acquire Northampton Industrial Unit

Posted on February 14, 2019

Glenstone have completed the purchase of a single let industrial unit in Northampton. The unit is let to Boost Trampoline Parks on a 10 year lease.

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Glenstone acquires Ravensthorpe Holdings Limited

Posted on January 14, 2019

On 18th December 2018 Glenstone Property plc purchased the total share capital of a private holding company Ravensthorpe Holdings Limited in a cash deal for a total consideration of circa £1.9m.

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