UK Assets Trade Hands
Real Estate Investors Plc (REI) has paid £13.05 million (€15.3 million) for three properties in the United Kingdom’s Midlands region. Southgate Retail Park in Derby, which comprises 5,000 square metres, was acquired from TAP Property for £4.8 million (€5.6 million). Peat House, a 4,000-square-metre office building located at 1 Waterloo Way in Leicester, was purchased from Aviva Investors for £4.4 million (€5.2 million). Gateway House, a 2,500-square-metre office and retail building at 50–53 High Street in Birmingham, was acquired for £3.85 million (€4.5 million), also from Aviva Investors.