Town Centre Securities, the Leeds-based property investment and development company, is selling retail properties at The Malthouse and Fisherton Street in Salisbury along with development property in West Yorkshire to retailer Sainsbury's for a total of EUR 42 mln. The deal represents a net initial yield of 5.2%.
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.
