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Access here alternative investment news about Legal & General Buys Industrial Estate For Managed Property Fund | News | Ipe Ra
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Legal & General Buys Industrial Estate For Managed Property Fund | News | Ipe Ra

by realassets.ipe.com posted 11months ago 60 views
LGIM Real Assets bought the asset in South East of England from Cording for £21m. : Legal & General’s LGIM Real Assets has acquired an industrial estate in the South East of England from Cording Real Estate Group. The manager said it bought Lineside Industrial Estate in Sussex for £21m (€23.8m) on behalf of its managed property fund. Located in Arndale Road at Littlehampton between Portsmouth and Brighton, the freehold multi-let estate comprises 28 industrial and trade counter units, totalling 207,360sqft. The asset is let to 22 tenants.

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