UK industrial REIT Segro has divested three multi-let industrial park assets to the UK Commercial Property Trust Limited, managed by Ignis Asset Management, for a total of £60.5 (EUR 73 mln), reflecting a net initial yield of 7.34%.
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).
