PADLOCK EURO STORAGE FUND I COMPLETES ACQUISITION OF GILLINGHAM, MITCHAM, AND SITTINGBOURNE PROPERTIES

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TORONTO, Aug. 2, 2024 /CNW/ - Padlock Euro Storage Fund I (the "Trust") announced today that it has successfully completed the acquisition of three leasehold properties located in Gillingham, Mitcham, and Sittingbourne, United Kingdom for a combined purchase price of £8,775,000 excluding costs, which was satisfied by way of cash from the proceeds of the Trust's recently secured refinance debt facility.