F&C REIT and Area buy Dawnay Day portfolio

By A staff reporter 2009-03-10T00:00:00

F&C REIT Asset Management and Area Property Partners (formerly Apollo Real Estate Advisors) have teamed up to acquire Dawnay Day's 316,800 m[sup]2[/sup] UK portfolio. With a transaction price of over £600 mln (EUR 657 mln), the purchase ranks as the largest real estate transaction so far this year and ...

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