German investor Bayerische Versorgungskammer (BVK) has acquired the 17,000-m[sup]2[/sup] office property Centrium in London for about £128 mln (EUR 147 mln) from US real estate investor Tishman Speyer, Thomas Daily has reported. The transaction price, which was settled in cash, corresponds to an initial net yield of about 7.25%.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
