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USS buys Enfield Retail Park

 


Universities Superannuation Scheme has acquired Enfield Retail Park in Enfield, Middlesex, from Henderson Global Investor’s UK Retail Warehouse Fund for £38.35m and an 8.5 % yield.


 


The 150,900 sq ft Enfield Retail Park comprises seven shops and a standalone restaurant.


 


The scheme is fully let to retailers including Homebase, Comet, Halfords and Toys R Us.


 


The purchase follows USS’s recent purchase of Marsh Mills Retail Park in Plymouth for £27.5m and Prologis Park in Bromley by Bow for £48m. 


 


Morgan Williams advised Henderson; Cushman & Wakefield advised USS.


 


annabel.dixon@rbi.co.uk

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