Lebanese property investment company M1 Group has acquired the freehold of Times Place at 45 Pall Mall in London's West End from Legal & General. Located in St James's, Times Place covers a total area of 60,000 sq ft (5,500 m2) and was completed as a new development by City & West End Property Group in 1997. The property is fully let to high-quality tenants and will generate a yield of over 7.8% this year.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
