M&G Investments has emerged as the buyer of a 736,708 sq ft (68,500 m2) prime distribution unit in Peterborough, UK from Fiera Real Estate UK. The asset was sold for £120 mln (€144 mln), reflecting a net initial yield of 3.2%.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
