VastNed O/I has purchased a 8,500 m[sup]2[/sup] office building in the German city of Dusseldorf for EUR 18.2 mln, reflecting a net initial yield of 6%. The company said the annual rent income of EUR 1.2 mln, or EUR 130 per square metre, is below the market average.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
