Germany's largest listed property company IVG has acquired a six-storey office building in the English city of Birmingham from Bank of Ireland Private Banking for £30.5 mln (EUR 38 mln). The price reflects a net initial yield of about 6.4%.
Germany's largest listed property company IVG has acquired a six-storey office building in the English city of Birmingham from Bank of Ireland Private Banking for £30.5 mln (EUR 38 mln). The price reflects a net initial yield of about 6.4%.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.