WMPF completes supermarket deal for £36.5m

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The West Midlands Pension Fund has bought a supermarket for £36.5m through its property manager, ING Real Estate.

The WMPF bought the supermarket investment at Great Barr, Birmingham from a subsidiary of Land Securities - reflecting an initial yield of 6.13%. The property is let to Asda Stores until 2038 at a ...

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