Newsletters

Malaysia Pension Fund Buys $131M Center

DARTFORD, ENGLAND-The distribution center, sold by the Tristan-AEW EPISO fund, is occupied mostly by retailer Sainsbury.

By Robert Carr | Updated on August 26, 2011

DARTFORD, ENGLAND-Employer’s Provident Fund of Malaysia has purchased a distribution center here for $131 million. The almost 700,000-square-foot property includes three warehouses, and includes supermarket chain Sainsbury as its main tenant.

European Property Investors Special Opportunities LP, a fund advised by Tristan Capital Partners and AEW Europe, was the seller. Ric Lewis, CEO of Tristan, said in a statement that the property, developed by ProLogis, was the first UK site purchased by the fund for $101 million in 2009.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
1 free article* every 30 days across the ALM subscription network
Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account? Sign In Now

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Resource Center

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Assessment

Sponsored by Cherre

Enabling Stakeholder Confidence in Your Data: A Self-Assessment for Real Estate Organizations

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Browse More Resources ›

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Assessment

Sponsored by Cherre

Enabling Stakeholder Confidence in Your Data: A Self-Assessment for Real Estate Organizations

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Browse More Resources ›

This comprehensive eBook uncovers AI's best-kept-secret - clean, trusted, visible, and validated data. Download now to learn why real estate organizations need to build a solid data foundation to differentiate themselves and reap the rewards of AI.

eBook

Sponsored by Cherre

Whoever Wins Data, Wins AI

This comprehensive eBook uncovers AI's best-kept-secret - clean, trusted, visible, and validated data. Download now to learn why real estate organizations need to build a solid data foundation to differentiate themselves and reap the rewards of AI.

Browse More Resources ›

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2024 ALM Global, LLC. All Rights Reserved.