PropertyEU

Citycon completes purchase of Iso Omena

By A staff reporter 2007-09-14T00:00:00

Citycon announced on Friday that it has completed the purchase of the Iso Omena shopping centre for approximately EUR 329 mln. The deal reflects an initial net yield of 4.5%. Following redevelopment and other commercial improvements the company estimates that the net yield will increase in the future. 'As a ...

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