Capital & Regional, the UK co-investing property asset manager, said on Wednesday that its 19.4%-owned and managed X-Leisure Fund has completed the sale of the 02 Centre on London's Finchley Road for £92.5 mln (EUR 103 mln). The property has been sold to US investment management firm Matterhorn Capital. The proceeds will be used to repay the fund's debt.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
