European fund manager LaSalle Investment Management (LaSalle) has closed the sale of the Hyde Park Hayes business park for just over £30 mln (EUR 34 mln), reflecting a net initial yield of 8.2%. The buyer is the Melford Special Situations LP fund, which is managed by UK real estate investor and fund manager Melford Capital Partners.
Royal London Asset Management Property has finalised a round of transactions in the industrial and logistics sector worth more than £350 mln, including a circa £315 mln (€370 mln) industrial estate-to-data centre site sale in west London.
