SREF partners with IED to acquire GBP162 million Romford retail warehouse and leisure scheme
The Schroder UK Real Estate Fund (SREF) has announced it has partnered with Zurich Investment Foundation Immobilien Europa Direkt (‘IED’, a Schroders Capital managed, pan-European strategy) to acquire “The Brewery”, a prime supermarket anchored, retail warehouse and leisure scheme in Romford, Greater London for GBP162 million in a 50:50 joint venture. The Brewery comprises a 21-acre site with 545,478 square feet of retail and leisure space anchored by national operators including a Sainsbury’s superstore, Nuffield Health, The Range, Boots, Pure...