UK REIT Supermarket Income has announced the acquisition of a Tesco Extra supermarket in the north Lincolnshire town of Scunthorpe, England, from Legal and General Pensions for £53 mln (€60 mln), reflecting a net initial yield of 5.1%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
