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%.
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.
