Standard Life Investments (SLI) has announced the freehold acquisition of The Gateway Shopping Park, Trowbridge in the UK from developer Parkridge. The £21 mln (EUR 24 mln) transaction reflected an initial yield of 5.7% and was carried out on behalf of SLI's UK Property Fund.
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).
