PropertyEU

CLS purchases German property

By A staff reporter 2007-03-06T00:00:00

London-listed property investment company CLS Holdings has acquired a mixed-use property in the west German city of Bochum for EUR 18 mln. The transaction reflects an initial yield of 6%. The property includes some 25,115 m[sup]2[/sup] of office and retail space and 643 parking spaces. It is mainly let to ...

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