M&G Real Estate has acquired two office buildings in the south east as well as an industrial portfolio on behalf of the M&G UK Enhanced Value Fund.
The £50m purchases are the first acquisitions for the fund, which completed its initial close in February.
The two office blocks are Charter Court in Slough, a 45,750 sq ft office asset close to the town centre that was acquired for £13m; and Radius House in Watford, a 41,250 sq ft near Watford Junction station, bought for £15m.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts