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Savills IM completes defensive transactions for next phase

Savills Investment Management has completed £47m of retail warehouse and industrial transactions as part of a repositioning of the UK Income & Growth Fund.
CoStar News
February 29, 2016 | 2:16 P.M.

The transactions include the sale of Gallagher Retail Park in Bristol to CCLA’s Local Authorities’ Property Fund for £32.325m, reflecting a net inital yield of 5.9%.

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