Standard Life buys £20m property for pension fund

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UK - Standard Life Investments has bought a central London building for £20m on behalf of its £2.2bn pooled property pension fund.

The firm said it bought the freehold interest of 36-39 Poultry and 1-6 Old Jewry in London’s business district from CGIS Group and will develop it speculatively on behalf of its fund. “The purch...

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