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UKCM Sells Kew Retail Park to Home Builder Berkeley for £41M

UKCM Owned 4.7 Acres of Retail Park in Richmond Comprising 61,765 sq ft
Kew Retail Park in Richmond covers 10 acres. (CoStar)
Kew Retail Park in Richmond covers 10 acres. (CoStar)

UK Commercial Property REIT Limited, which is managed and advised by Aberdeen Standard Investments, has announced that it has sold its Kew Retail Park asset in London to a leading UK housebuilder. UKCM will receive a consideration of £41m for the asset, marginally below the 31 December 2020 book value.

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