| Employees Provident Fund, Malaysia’s sovereign wealth fund, has acquired a 50% stake in Arena Trust, which owns three Tesco anchored retail parks, for £156.5m from Aviva Investors, reflecting a net initial yield of 5.4%.
Deutsche Asset and Wealth Management (DeAWM) acquired the 50% stake in the three-strong supermarket and retail warehouse for EPF ahead of competition from near 10 international investors in a two-stage bidding process, dubbed Project Apple...............................................Full Article: Source
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