HSBC Private Bank, acting for private clients, has acquired UBS Global Asset Management's office property at 160 Tooley Street for about £135 mln (EUR 181 mln), Property Week has reported. The transaction reflected an initial yield of around 5.25%.
HSBC Private Bank, acting for private clients, has acquired UBS Global Asset Management's office property at 160 Tooley Street for about £135 mln (EUR 181 mln), Property Week has reported. The transaction reflected an initial yield of around 5.25%.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.