Evans Randall, the privately held UK investment banking and private equity group, has acquired Sovereign House in London’s Docklands for £27 mln (EUR 32 mln) in a joint venture with private investor clients from Saudi Arabia. The deal reflects a net initial yield of 7.2%. The building was purchased from a fund managed by AXA Real Estate.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
