Barings’ Real Estate European Value-Add Fund II (BREEVA II), has acquired an 82,413 sq ft (7,650 m2) office asset in the City of London for £70.65 mln (€85 mln) from global real estate manager, DWS. The deal reflects an initial yield of 4.8%.
European real estate investment manager Europa Capital has announced the appointment of Roberto Varandas to the newly created role of head of business development, as it works in partnership with its majority shareholder, Mitsubishi Estate Co. (MEC), a Japanese listed real estate developer, to expand its global capital raising capability.
