UBS has paid EUR 100 mln for Metromar shopping centre in Seville, its first to date in Spain, Europroperty reported. The deal reflects a yield of 4.5% to 4.75%, a record low for the market. Net yields for prime shopping malls in Spain range between 4.75% and 5%.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
