Land Securities announced that it has sold The Gate leisure scheme in Newcastle to PropInvest for £76.5 mln. The deal reflects a net initial yield of 4.8%. Property advisor Knight Frank advised Land Securities.
Land Securities announced that it has sold The Gate leisure scheme in Newcastle to PropInvest for £76.5 mln. The deal reflects a net initial yield of 4.8%. Property advisor Knight Frank advised Land Securities.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.