14 September 2021: UK Commercial Property REIT Limited, which is managed and advised by Aberdeen Standard Investments* and owns a diversified portfolio of high quality income-producing UK commercial property, announces that it has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million. Constructed in 1999, the c. 12 acre site comprises approximately 143,000 sq ft of retail warehouse accommodation across fourteen units, ranging in size from 2,000 to 35,000 sq ft. The asset is currently 100% let to a range of retail tenants including Dunelm, B&M, TK Maxx and Home Bargains. It also provides a strong food and beverage offering that includes Nando's, Pizza Hut, McDonalds, and the recently completed Five Guys letting. The park delivers an annual income of c £2.5 million per year, with an average rent of £17.17 psf across all units. Trafford Retail Park is well located in the heart of TRAFFORDCITY, one of the UK's leading retail and leisure destinations, and benefits from high traffic and footfall, attracting 2.5 visitors per year. The park has an estimated catchment of c. 2.4 million people, with 1.5 million within a 20 minute drive. Its position on junction 10 of the M60 and substantial food and beverage offering means it also provides a quasi-motorway service station function.