German listed real estate company Estavis is acquiring a portfolio of 3,100 residential units in the Hohenschönhausen district of Berlin. The purchase price of EUR 110 mln is roughly 12 times current rental income.
German listed real estate company Estavis is acquiring a portfolio of 3,100 residential units in the Hohenschönhausen district of Berlin. The purchase price of EUR 110 mln is roughly 12 times current rental income.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).