UK: Dubai-based fund manager Rasmala bought the 60,000 square feet Quora Retail Park in Doncaster, UK via its Shariah compliant Long Income Fund. Contracted to Aldi Stores and B&M Retail via inflation-linked leases, Fund Manager and Real Estate Funds Head Ruggiero Lomonaco posted on LinkedIn: “We believe that the painful correction of Essential Retail capital values in the UK is now behind us, and now is the right time to acquire assets with long income visibility and potential of capital appreciation.”
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