Jersey-based real estate investor Max Property Group has announced the acquisition of a portfolio of 29 pubs in and around central London for nearly £43 mln (EUR 51 mln). The properties were acquired in a sale-and-leaseback deal with pub operator Enterprise Inns which has agreed to take a 35-year lease on the assets. The initial rent roll is £3 mln per annum.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
