M&G and Aberdeen join forces on real estate fund

The Two Rivers Limited Partnership has acquired a 100% interest in the Two Rivers Shopping Park in Staines-upon-Thames, on behalf of M&G and Aberdeen's internal clients. Both parties have taken a 50% share of the 380,000 sq ft prime retail and leisure scheme, which was developed in 2001 on behalf of the limited partnership, while Aberdeen will continue to manage the asset. Aberdeen Fund Management director Simon Moscow said: "Two Rivers Shopping Park has consistently outperformed its benchmark since opening in 2001 and we are excited to be announcing our joint venture. "Exposure to...