Goldman Sachs has completed its purchase of assets from Swedish Pension Fund Alecta for £350m, as tipped by Estates Gazette.
The sale price for the 26 industrial, big-box and high street retail assets, which are located predominantly around London and the South East, reflects a 6.15% yield.
The UK assets will be managed for Goldman Sachs by Square Metre Asset Management.
Gerald Eve is advising Goldman Sachs and Square Metre on the acquisition.
JLL advised Alecta on the disposal of the assets as well as the sale of 22 grocery-anchored assets in the US, which were purchased by Blackstone.
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