Europa Capital buys UK shopping mall at 30% discount

By A staff reporter 2009-06-25T00:00:00

UK property investor Europa Capital confirmed on Thursday it has bought the Fremlin Walk shopping centre in Maidstone for around £70 mln (EUR 82 mln) from Land Securities in a joint venture with asset manager SCOOP AM. The deal reflects a yield of between 8.5-8.75%.

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