The largest city centre retail-led regeneration scheme in the UK opened in Belfast on Thursday. Paul Sargent, managing director of Multi Development UK said the 75,000 m[sup]2[/sup] Victoria Square shopping centre involved a capital investment of £400 mln (EUR 523 mln). The yield was around 5% this time last year although it has slipped out again in the current market,' he said.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
