Scottish Widows Investment Partnership (SWIP) has purchased a retail park in Northern Ireland for £48 mln (EUR 58 mln). The Longwood Road Retail Park, Newtownabbey was sold by local developer Corbo Properties in its third deal in recent months.

Separately, CBRE Investors acquired the retail asset at 48-54 Donegall Place in Belfast from Corbo for almost £9 mln in August, while UK REIT Metric Property Investments bought Damolly Retail Park in Newry, County Down for £35 mln in June.