Global property investment manager Invesco Real Estate has acquired a shopping centre in the Czech spa town of Karlovy Vary for EUR 49.6 mln, a net yield of 7%. The acquisition from Carpathian Properties s.a r.l. was made on behalf of Invesco's Central and Eastern European Real Estate II Fund (CEE II).
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
