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French fund buys £28.6 million Ipswich Waitrose and John Lewis at Home

French SCPI funds continue to be major investors in UK commercial property
The Ipswich store. (Greenridge)
The Ipswich store. (Greenridge)
CoStar News
April 2, 2026 | 7:38 AM

French real estate fund, or SCPI, Épargne Pierre Europe has bought the purpose-built Waitrose and John Lewis at Home development at Futura Park, Ipswich from Greenridge Investment Management for £28.6 million or a 7.1% net initial yield.

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News | French fund buys £28.6 million Ipswich Waitrose and John Lewis at Home