L&G Property buys 4 assets in the UK for EUR 27m

By A staff reporter 2010-05-04T00:00:00

Legal & General Property (LGP), on behalf of its Property Unit Trust, has purchased a portfolio of industrial assets in Luton, Hounslow, Sevenoaks and Bristol from a private pension fund for close to £24 mln (EUR 27.5 mln), reflecting a net initial yield of around 7.3%. CBRE advised LGP on ...

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