Supermarket Income REIT, the grocery-focused real estate investment trust, has acquired a Tesco supermarket in Sheffield, Yorkshire, for £73.2 mln (€86 mln), representing a net initial yield of 4.5%.
Supermarket Income REIT, the grocery-focused real estate investment trust, has acquired a Tesco supermarket in Sheffield, Yorkshire, for £73.2 mln (€86 mln), representing a net initial yield of 4.5%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.