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Patrizia secures off-market sale of Abingdon Business Park for £61.5m

Patrizia AG has completed the off-market sale of Abingdon Business Park in Oxfordshire, on behalf of its UK Value 2 fund, to Royal London Mutual Insurance Society for £61.5 million (c. €70.5 million), reflecting a net initial yield of 5.8%.

Patrizia acquired the 415,000 sq ft park (c. 38,555 m²)...

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Photos: High Level Photography Ltd