Ara Dunedin Limited entered into an agreement to acquire Significant Industrial Property Portfolio from Regional REIT Limited (LSE:RGL) for £45 million on July 21, 2021. The completion is conditional upon the Purchaser having in place the required financing. Completion is expected to take place in August 2021. It is anticipated that the proceeds from the disposal will be promptly recycled into the Group's strong pipeline of higher yielding office investments to further diversify the portfolio by geography and income stream. ARA Dunedin completed the acquisition of a industrial portfolio from Regional REIT for £45 million on July 24, 2021.