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TIAA Henderson Real Estate increases stake at Ashford Retail Park

TIAA Henderson Real Estate, on behalf of its circa £1.04bn UK Retail Warehouse Fund, has bought an additional stake in Ashford Retail Park (Phase 2) for £20.9m, reflecting a net initial yield of 5.92%.
CoStar News
May 19, 2014 | 2:28 P.M.

The holding was acquired from West Midlands Pension Fund, managed by CBRE Global Investors.

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