UK grocery store specialist investor Supermarket Income REIT has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for £34.7 mln (€40 mln), excluding acquisition costs, reflecting a net initial yield of 7.5%.
UK grocery store specialist investor Supermarket Income REIT has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for £34.7 mln (€40 mln), excluding acquisition costs, reflecting a net initial yield of 7.5%.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.