HSBC Private Bank, acting for private clients, has acquired UBS Global Asset Management's office property at 160 Tooley Street for about £135 mln (EUR 181 mln), Property Week has reported. The transaction reflected an initial yield of around 5.25%.
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.
