Royal London Asset Management Property compleyted the acquisition of a 50% stake in centre:mk from AustralianSuper.

Royal London Asset Management Property, a London-based property investment division of Royal London Asset Management, acquired a 50% stake in centre:mk, a Grade II listed shopping centre in Milton Keynes, from AustralianSuper, a private equity firm. Financial terms were not disclosed. "This acquisition marks a significant move for Royal London Asset Management Property, demonstrating our confidence in the retail market's recovery and the future success of well-located, best-in-class shopping centres such as centre:mk," Paul Nicholson, Royal London Senior Asset Manager.