USS diversifies property portfolio

Jenna Towler
clock •

UK - The Universities Superannuation Scheme has diversified its property allocation in a deal with Henderson Global Investors' UK Retail Warehouse Fund.

The fund manager said it had sold two retail warehouse assets in Newcastle for £50m (US$83.2m) and concurrently acquired USS's interest in Manchester Fort Shopping Park for £101m. As part of the...

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Jenna Towler
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