UK Commercial Property REIT, which is managed and advised by Aberdeen Standard Investments, has sold its Kew Retail Park asset in London to an unnamed UK housebuilder. UKCM will receive £41 mln (€48 mln) for the asset, marginally below the 31 December 2020 book value.
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.
