UK - The UBS Triton Property Fund has spent £41.8m buying seven properties during the first half of the year.
In London, the fund bought a factory for £5.5m, while in Halifax it paid £5.8m for an office/retail park, £3m for office space in Bedford, and the Nottingham-based Castle Retail Park for £15.8m.
The other properties are retail space in Hayes, Swansea and Rochdale bought for £3.6m, £2.8m and £5.3m respectively.
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Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
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The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.