PRUPIM has acquired a £67m Tesco superstore in Cardiff for the M&G Secured Property Income Fund.
The real estate fund manager completed the purchase of the 150,000 square foot Tesco Extra superstore on a 25-year sale and leaseback deal, with annual RPI-linked rent reviews. It boosts the as...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date