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Legal & General buys Stafford retail investment for UK PIF II
LGIM Real Assets, on behalf of its second UK Property Income Fund (UK PIF II), has exchanged contracts to acquire Riverside Retail Park in Stafford from LXB Retail Properties for a total consideration of £36.8m (c. €41.6m), reflecting a net initial yield of 6.8%. This acquisition marks the final acquisition…
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