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%.
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.
