Issue 2011 December 20th

This issue was created on 2011-12-20 12:30:00

  • UK pensions group buys Canadian shopping centresDecember 20, 2011
Standard Life Investments, one of the largest global property investors, has acquired four shopping centres in British Columbia on behalf of its Standard Life Real Estate Fund (SLREF). The Fund allows Canadian Pension Funds and other non-taxable Canadian entities to invest in a balanced Canadian commercial real estate portfolio. In less than a year the Fund has increased funds under management by 64% and has a strong track record with over 28 years of accessing deals across Canada.
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