UK long-income REIT LXi has sold a 65-year 'income strip' representing 30% of the annual rental income received from the company’s Thorpe Park and Alton Towers assets, operated by Merlin, to a UK institution for £257 mln (€299 mln).
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.
