LaSalle Investment Management has announced the sale of 89 & 89a Broad Street, Reading to the Local Authority Mutual Investment Trust (LAMIT) for £7.5 mln (EUR 8.5 mln) or a net initial yield of 5.54%. The sale was made on behalf of the HSBC Bank Pension Trust (UK).
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
