London-based Warner Estate has exchanged and completed contracts for the sale of its St Johns Wood High Street estate in London to NW8 Holdings for £39 mln (EUR 43 mln). Warner Estate said the property had a book value of £48 mln at end-September 2008 and contributed £2.1 mln of net annual rent in the year ended 31 March 2008.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
