Pension fund backs £40m Glasgow retail park

摘要

Work has begun on the second phase of a £40m retail park funded by a local government pension scheme. Strathclyde Pension Fund decided to invest in the Port Glasgow Retail Park, which is expected to be completed in August, as part of its new opportunities portfolio. The portfolio was created to explore investments that may not be covered by traditional mandates, with additional benefits beyond their financial return such as environmental or community impact.