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NewRiver Joint Venture Sells Scottish Retail Parks for £62 Million

Realty Income Buys Aberdeen and Inverness Properties

Kittybrewster Retail Park in Aberdeen. (CoStar)
Kittybrewster Retail Park in Aberdeen. (CoStar)

NewRiver REIT and Pimco's Bravo have sold two Scottish retail parks in Aberdeen and Inverness to Realty Income for a combined £62.2 million, disposing of the final properties in their Napier joint venture.

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