Benson Elliot makes first UK acquisition

Benson Elliot Capital Management, one of Europe's leading private equity real estate firm, has acquired the mixed-used centre CBXII on Midsummer Boulevard in Milton Keynes for £20.6 mln (EUR 23.4 mln). The property was acquired from the CASPAR Fund, managed by Henderson Global Investors. The deal reflects an initial yield of 10%.

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