PREF, a fund advised by British Land European Fund Management, has acquired Lima Retail Park in Viana do Castelo, Portugal from a 50/50 joint venture of Sonae Sierra and Miller Developments for EUR 18.5 mln. The transaction price reflects a net initial yield of 6%.
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.
