F&C, Area snap up Carlisle mall for EUR 80m

By A staff reporter 2012-12-21T00:00:00

F&C REIT and Area Property Partners have completed the acquisition of The Lanes Shopping Centre in the UK city of Carlisle in a club deal. The investment volume totalling £65 mln (EUR 80 mln) reflects a net initial yield of 7.7%.

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