Pan-European investor Schroder European Real Estate Investment Trust (SEREIT) has completed the purchase of the Metromar shopping centre in Seville, Southern Spain, from UBS Asset Management. The total purchase price of €52.5 mln reflects a net initial yield of 6.2%.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
