Jones Lang LaSalle UK has been appointed by Universities' Superannuation Scheme (USS) to market Telford Shopping Centre in Shropshire, UK for about £460 mln (EUR 679 mln). Property Week reported that USS has decided to sell the 92,902 m[sup]2[/sup] shopping centre because it wants to reduce its exposure to large retail properties in the UK.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
