The UK government’s decision to introduce a new regime for investment in the UK via a ‘private’ Real Estate Investment Trust (REIT) looks set to pay off as US companies with billions of dollars under management take steps to set them up.
Frankfurt-based fund manager Habona Invest has acquired two retail parks in the Bavarian cities of Passau and Kirchseeon from the Küblböck Group for around €26 mln.
