UK-focused industrial landlord Stenprop said on Friday that strong valuations in Germany had resulted in a decision to accelerate the sale of assets in that country as it focuses on UK-based, multi-let industrial (MLI) assets.

The company, which is seeking to become a specialist UK-focused group that provides work spaces for small and medium businesses, was previously avoiding holding on to cash, but would now accelerate the sale of its non-MLI assets...

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