Deka Immobilien, the property arm of Germany's Deka Bank, has acquired 50 Finsbury Square, London from Standard Life Investments for approximately £113mln (EUR 143mln), reflecting a net initial yield of around 5.5%. The acquisition was Deka's first in the UK for almost three years.
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.
