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F&C UK Property Fund acquires Bournemouth retail park

BMO Real Estate Partners’s F&C UK Property Fund has acquired Ringwood Road Retail Park in Bournemouth from Aberdeen Asset Management for £15.5m, reflecting a net initial yield of 5.78%.
By Kasmira Jefford
July 31, 2017 | 2:41 P.M.

The 55,497sq ft retail park has an open A1 non-food planning permission and is fully let, occupied by Argos, Sports Direct, Home Bargains and TK Maxx.

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