CBRE UK Property PAIF, a property authorised investment fund managed by CBRE Global Investors, has acquired a logistcs scheme in Greater London for £33.1 mln (€39 mln) from Kier Property. The price reflected a net initial yield of 4.6%.
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.
