F&C REIT has exchanged contracts for the acquisition of shopping centres in Barnsley and Middlesbrough in a club deal totalling £108 mln (EUR 126 mln). The acquisition marks a blended net initial yield of 8.6%.
F&C REIT has exchanged contracts for the acquisition of shopping centres in Barnsley and Middlesbrough in a club deal totalling £108 mln (EUR 126 mln). The acquisition marks a blended net initial yield of 8.6%.
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.