Prudential Property Investment Managers (Prupim) has exchanged contracts to acquire the Stanley Green Retail Park in Wilmslow, Manchester for £47 mln (EUR 52 mln). The investment volume reflects a net initial yield of 5.3%, the lowest achieved for a retail park in the current market cycle.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
