Schroder Real Estate Investment Trust has completed the sale of a pair of non income-producing assets for a combined £24.7m.
The company has sold the Reynards Trading Estate in Brentford, West London, for £20.2m to Notting Hill Home Ownership.
It has also completed the sale of a site at Coventry Road, Hinckley, Leicestershire, to Redrow Homes for £4.5m.
SREIT said it would recycle the proceeds of the sales into income-producing investments.