UK property company Capital & Regional said on Friday that the Junction Fund has exchanged unconditional contracts for the sale of Morfa Shopping Park in Swansea, Wales to The Crown Estate for £80 mln (EUR 90 mln). Completion of the sale is anticipated to take place on 27 June 2011.
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).
