PropertyEU

British Land completes EUR 350m Spanish shopping centre buy

By A staff reporter 2007-07-11T00:00:00

UK property firm British Land has completed the purchase of a shopping centre and retail park in the Spanish town of Murcia for EUR 350 mln as part of a joint venture with Pillar Retail Europark Fund (PREF). The deal reflects an initial yield of around 5%, British Land said. ...

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