Midlands councils add to property portfolios

15 August 2019 by Colin Marrs

Corby and Kettering councils have added a £15.7m warehouse to their joint property portfolio.

The two councils have bought a 240,000 sq ft unit, known in the property industry as a shed, on an industrial estate in Corby.

The unit is forecast to deliver a gross return from the investment of around 6.5%

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