Australian fund buys Land Secs' stake in Bullring mall for EUR 232m

By A staff reporter 2009-09-21T00:00:00

Land Securities announced on Monday that it has sold its one third ownership of the Bullring shopping centre in Birmingham to the Future Fund, an investment fund for the Australian government, for £210 mln (about EUR 232 mln). The transaction volume reflects a net yield of 6.85% after settlement of ...

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