PropertyEU

CBREGI acquires Logistics City in London for €39m

By Isobel Lee 2017-05-15T00:00:00

west thurrock

CBRE UK Property PAIF, a property authorised investment fund managed by CBRE Global Investors, has acquired a logistcs scheme in Greater London for £33.1 mln (€39 mln) from Kier Property. The price reflected a net initial yield of 4.6%.

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