UK REIT Landsec has agreed to sell 32-50 Strand in London for £195 mln (€228 mln), representing a net initial yield of 4.2% to Sinarmas Land Limited, a real estate company listed on the Singapore Exchange and headquartered in Singapore.
Tristan Capital Partners’ Curzon Capital Partners IV Fund has completed the sale of a 7,000 m2 office asset located in Milan, Italy to a fund managed by Italian asset manager Investire SGR.
