Franco-Dutch property giant Unibail-Rodamco said on Thursday it had completed the acquisition of 140,400 m[sup]2[/sup] in Vienna’s Shopping City Sud, Austria's largest retail and leisure complex. The company first announced in December 2007 that it was buying the shopping centre from the private family trust Hans Dujsik Privatstiftung. The transaction gives Unibail-Rodamco a 100% stake in the company holding the property. The net initial yield, which comes to 5%, is expected to increase further through the leasing of vacant space and operating improvements, Unibail-Rodamco said in statement.
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