UK REIT British Land said on Wednesday that it intends to buy the 22% interest it does not already own in the Hercules Unit Trust (HUT) for a price of £150 mln (€173 mln), in line with the March 2021 valuation.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.
