Supermarket Income REIT has announced the acquisition of a Tesco supermarket in Colchester, Essex from Standard Life Investments Long Lease Fund for £63.0 mln (€73 mln) excluding acquisition costs) representing a net initial yield of 4.5%.
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.
