LaSalle Investment Management on Monday announced the acquisition of a prime retail unit on Exeter High Street for £2.9 mln (EUR 3.3 mln). The deal follows LaSalle's acquisition of two additional units (231/231a) on Exeter High Street in July 2009 for a pension fund client.The purchase price reflects a net initial yield of 7.21%.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
