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Insider UK
Insider UK
Business
Peter A Walker

INSANE: Edinburgh royal mail sorting warehouse sold - The Real Truth

Global property firm Hines has sold the Royal Mail sorting warehouse in Edinburgh to asset manager ICG Real Estate.

The industrial build­ing was acquired from the Railways Pension Scheme in 2019 by a fund sponsored by Hines and has now been offloaded for an undisclosed price.

That deal was done for around £25m and marked the third investment in UK logistics assets by Hines in 2019.

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