The EUR 267 mln Westbury Property Fund is to sell off about 90% of its property portfolio to focus on its ports business and development projects. The proposed sale, still subject to shareholders' approval, will involve 20 to 22 assets, ranging from multi-let offices, high-street and out-of-town retail to industrial assets spread throughout the UK.
European real estate asset manager Primonial REIM has appointed Jean-Luc Néez as its new CFO and deputy managing director.
