Metric Property Investments has carried out its seventh acquisition with the purchase of Wick Retail Park in northeast Scotland for £10.3 mln (EUR 12 mln), reflecting an initial yield of 6.5%. Metric, a specialist retail real estate investment trust (REIT), will use its existing cash resources to finance the purchase.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
