Scottish Widows Investment Partnership (SWIP) has sold Talbot Green shopping park in the Welsh town of Llantrisant to National Farmers Union Mutual for £43.83 mln (EUR 54.4 mln). The deal reflects a rental yield of 5.8%.

Scottish Widows Investment Partnership (SWIP) has sold Talbot Green shopping park in the Welsh town of Llantrisant to National Farmers Union Mutual for £43.83 mln (EUR 54.4 mln). The deal reflects a rental yield of 5.8%.

Cushman & Wakefield advised SWIP on the sale, which it described as ‘one of the prime retail park deals of the year’.

National Farmers Union Mutual was advised by Chapman Petrie.