Supermarket Income REIT has agreed to buy a Sainsbury’s supermarket in Cannock, Staffordshire, UK, from a client of CBRE Investment Management for £75.8 mln (€90 mln), excluding acquisition costs, representing a net initial yield of 4.0%.
Supermarket Income REIT has agreed to buy a Sainsbury’s supermarket in Cannock, Staffordshire, UK, from a client of CBRE Investment Management for £75.8 mln (€90 mln), excluding acquisition costs, representing a net initial yield of 4.0%.
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.