Hercules Unit Trust ('HUT'), the specialist retail warehouse fund advised by British Land and managed by Schroders, has completed the sale of its Borehamwood Shopping Park in Borehamwood, UK. The buyer was a fund advised by LaSalle Investment Management. The total investment volume came to £80.6 mln (EUR 85 mln).
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
