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Will Fulton, Lead Manager of UKCM at Aberdeen Standard Investments, said: "Having completed a number of asset management initiatives during our ownership, our decision to sell at this point in time crystallises significant value for our shareholders.
(LSE: UKCM) has contracted to forward fund the development of a 265 bedroom four-star Maldron Hotel in Newcastle city centre for GBP 32m (USD 42.37m), net of finance, the company said.
(LSE: UKCM) has completed the sale of Dolphin House, an office in Sunbury-on-Thames, the company said.
(LSE: UKCM) have completed a property swap transaction through which Segro has acquired from UKCPT a 27,800 sq m single-let, modern distribution warehouse in Brackmills, Northampton, for GBP 31m, the company said.
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