Hercules Unit Trust ('HUT'), the specialist retail warehouse fund advised by The British Land Company PLC and managed by Schroders, has completed the sale of its Borehamwood Shopping Park in Borehamwood, United Kingdom. A Fund advised by LaSalle Investment Management has purchased the shopping park for a total consideration of £80.6 million.
The Borehamwood Shopping Park comprises 211,800 ft² of retail space over 23 units, located adjacent to Borehamwood High Street. The scheme was originally acquired by HUT in July 2000 for
