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[EXCLUSIVE] Corum XL sells UK retail park to US fund

Le  Kingsway Retail Park (CoStar)
Le Kingsway Retail Park (CoStar)

Translated from French.

According to our information, yesterday SCPI Corum XL signed its first arbitrage in the UK with the sale of Kingsway Retail Park, located in East Kilbride, south of Glasgow, to US fund Reality Income. Acquired in 2019, the 5,8000 m² retail asset was sold for £16.5 million (€19.2 million), generating a capital gain of over 30% for Corum.

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