Aviva Investors Property Trust (APIT) has acquired the St Georges Shopping Centre in the UK city of Preston from the Mall Fund. The investment volume of £90 mln (EUR 99.8 mln) reflects a yield of around 7.75%.
Aviva Investors Property Trust (APIT) has acquired the St Georges Shopping Centre in the UK city of Preston from the Mall Fund. The investment volume of £90 mln (EUR 99.8 mln) reflects a yield of around 7.75%.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.