UK - Standard Life Investments has bought the freehold to an industrial warehouse in Walsall from GE Capital and Opus Land for approximately £7.7m.
The acquisition, which is the fourth by SLI’s Property Income Trust, comprises two warehouse units covering 110,000 sq ft and 53,000 sq ft respectively. Both units are let to Powerhouse Retail on full
Stephen Jones says the broader 'outside' world might be fraught with challenges, but companies are prospering and voicing few concerns. However, caution is warranted
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.