Allianz to acquire Nice mall from Unibail-Rodamco at 5% yield

By Cormac Mac Ruairi 2014-11-10T00:00:00

Allianz Real Estate is acquiring 90% of Unibail-Rodamco's Nicétoile shopping centre in the southern French city of Nice. The investment volume of €312.5 mln reflects a net initial yield of 5.0%.

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