Dawnay Day Treveria, a UK investor in German retail property, has said it sees opportunities for further 'selective acquisitions' given the current market environment and robust fundamentals of the Germany economy. Between 1 July and end-December last year, DDT acquired 63 German properties. with a net initial yield of 6.5%, which will rise to 6.6% when fully let. The properties were acquired for an investment of EUR 271 mln in 15 separate transactions and comprise a mixture of high-street shops, department stores, shopping centres and retail warehouses located throughout Germany.
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