Aviva Investors, the global asset management business of UK insurance group Aviva, has sold a portfolio of 12 UK commercial properties to Scottish Widows Investment Partnership (Swip) Property Trust for about £260 mln (EUR 287.5 mln). The deal reflects an initial yield of approximately 7%.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
