Chinese Estates has acquired River Court, the larger of the two buildings which make up Goldman Sachs' European headquarters on Fleet Street in the City of London. The Hong Kong-listed property group run by billionaire Joseph Lau paid about £280 mln (EUR 334 mln), reflecting a net initial yield of 5.25% for the 40,000-m[sup]2[/sup] building.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
