BAM sells prime retail development in Glasgow

By A staff reporter 2011-11-15T00:00:00

BAM Properties, the UK development arm of Euronext-listed Royal BAM Group, has sold the final part of its £37 mln (EUR 43 mln) retail development on Glasgow's Buchanan Street to a client of La Salle Investment Management for £24.5 mln, reflecting a yield of 5%.

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