Meyer Bergman buys The Exchange Mall for £71m

Meyer Bergman, the European real estate fund manager, has signed a preliminary agreement to acquire the Exchange Mall in Ilford, UK from the Mall Fund, which is managed by Aviva Investors, well-informed market sources close to the process told PropertyEU. The acquisition price comes to £70.6 mln (EUR 82 mln), reflecting a yield of over 8%.

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