Capital & Regional, the co-investing property asset manager, said on Monday that the Junction Fund has sold the Kittybrewster retail park in Aberdeen and the Slough retail park in Slough to fund managers Threadneedle Property Investments. The transaction price amounts to around £82 mln (EUR 91 mln), reflecting a net yield of 6.7%.
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).
