London-listed developer-investor Helical Bar, in a joint venture with Prime Commercial Properties (PCP), has acquired the long leasehold interest in the Clyde Shopping Centre, Clydebank, Glasgow, for a cash consideration of about £69 mln (EUR 77 mln). The vendor was Co-operative Insurance Society (CIS).
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
