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%.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
