PropertyEU

ING REIM buys EUR 82m mall in Stockholm

By A staff reporter 2011-02-17T00:00:00

ING Real Estate Investment Management (ING REIM) has completed the first acquisition on behalf of its European Shopping Centre Fund (ESCF). The global property fund manager, which is being acquired by CBRE Investors - purchased Tyresö Centrum, Stockholm, Sweden for EUR 82 mln, reflecting an initial yield of 6.2%.

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