The West End of London Property Unit Trust has acquired the freehold of 98 Theobalds Road, London for £65 mln (EUR 81 mln) from US property firm Crescent Heights. The deal reflects a net initial yield of 5.94%.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
