News

Aberdeen Standard poised to sell largest asset in troubled open-ended fund

By 2019-12-11T10:00:00

The Moor shopping centre

Aberdeen Standard Investments has agreed a deal to sell the biggest asset in its troubled open-ended fund, Property Week can reveal.

Aberdeen Standard Investments has agreed a deal to sell the biggest asset in its troubled open-ended fund, Property Week can reveal.

NewRiver is under offer to buy The Moor shopping centre in Sheffield for around £85m, which accounts for 7% of the fund’s holdings.

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