Segro announced on Friday that it has sold the Great Western Industrial Park in Southall, West London to the Universities Superannuation Scheme (USS) for £110.4 mln (EUR 123 mln). The investment volume reflects a net initial yield of 6.9%, which rises to over 7% once outstanding reviews are settled.
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).
