The Junction Fund, managed by Capital & Regional (Cap&Reg), is selling the South Aylesford retail park in Maidstone, U.K. for £71 million, PropertyEU reports. The property will be acquired by The Crown Estate. The completion of the sale is expected to take place on Sept. 30, 2011. The scheme is fully occupied. The sale is part of Junction’s move to focus on assets that have greater asset management or development opportunities.
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