Invesco Real Estate (IRE), the international property investment manager, has completed the first acquisition for its third UK fund of a retail property in Bromley, South-East London for £17.05 mln (EUR 20 mln). The property is predominantly let as a department store to British Home Stores, with an office component let to computer services firm Selection Services.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
