Meyer Bergman, the European real estate fund manager, has signed a preliminary agreement to acquire the Exchange Mall in Ilford, UK from the Mall Fund, which is managed by Aviva Investors, well-informed market sources close to the process told PropertyEU. The acquisition price comes to £70.6 mln (EUR 82 mln), reflecting a yield of over 8%.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
