A fund managed by the real estate arm of global alternative asset manager ICG has acquired a £136.5 million (€160.2 million) UK retail park portfolio from M7.
ICG Real Estate’s (ICGRE) Strategic Real Estate II fund has the Priory Retail Park in Colliers Wood, Great Lodge Retail Park in Tunbridge Wells and the Arches Retail Park in Watford, which together totals 360,000 square feet in gross lettable area.
Source: realassets.ipe.com on the 27th of June