ING UK Real Estate has agreed to acquire a £125.5 mln (EUR 187 mln) property portfolio from US fund Nivian Unit Trustees. The tranaction includes three offices, three retail properties, a distribution warehouse and a multi-let industrial estate in Bracknell, Bristol and Carlisle, Property Week reported. The purchase price reflects a yield of 5.7%.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
