LaSalle Investment Management (LaSalle) announced on Tuesday that it has completed the acquisition of Silverlink Shopping Park, on behalf of one of its pension fund clients. The Park was bought from British Land in an off-market transaction for £91 mln (EUR 101 mln). Situated east of Newcastle city centre, the retail park is highly accessible to a large catchmentarea and represents one of the strongest out-of-town locations in the UK including the conurbations of North Shields, South Shields, Tynemouth and Jarrow.
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