Deka buys Greenwich Peninsula office property at 5.9% yield

By A staff reporter 2010-08-09T00:00:00

London-listed firm Quintain Estates and Development announced on Monday that Deka Immobilien, Germany's largest manager of open-ended property funds, has acquired the Pier Walk office complex located at Greenwich Peninsula, London. The investment volume of £97.1 mln (EUR 117 mln) reflects a yield of 5.9%. Quintain said the price is ...

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