London-listed firm Quintain Estates and Development announced on Monday that Deka Immobilien, Germany's largest manager of open-ended property funds, has acquired the Pier Walk office complex located at Greenwich Peninsula, London. The investment volume of £97.1 mln (EUR 117 mln) reflects a yield of 5.9%. Quintain said the price is 6% above the latest valuation for the asset.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
