Pan-European investor Europa Capital and UK-focused fund Sovereign Centros have acquired a shopping centre and retail park in Birmingham, UK from Standard Life Investments for £69 mln (€80 mln). The price represents an initial yield of 7%.
Pan-European investor Europa Capital and UK-focused fund Sovereign Centros have acquired a shopping centre and retail park in Birmingham, UK from Standard Life Investments for £69 mln (€80 mln). The price represents an initial yield of 7%.
Finnish real estate manager Sirius Capital Partners, through a recently formed affiliate, has purchased a portfolio of four residential buildings in Helsinki, Finland.