Telereal Trillium has appointed CB Richard Ellis to advise on the potential sale of the Oak Portfolio. The UK-wide portfolio comprises 55 assets principally let to Royal Bank of Scotland until 2037, with the leases benefitting from annual Retail Price Index (RPI) rental uplifts. CBRE said that it is aiming for a sales price of £475 mln.
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).
