Electra Real Estate has bought 60% of a mixed-use residential and commercial building in Frankfurt's city centre for EUR 40 mln.The fully leased building has 62 rental apartments and 24,600 m[sup]2[/sup] of commercial space. The retail element is let to the Metro retail chain through 2013 at an annual sum of EUR 2.53 mln.
UK land and property developer Miller Developments and financing and real estate group William Pears Group have acquired the former HQ of the British Army in Scotland.
