PropertyEU

Kenmore buys near Frankfurt

By A staff reporter 2007-10-16T00:00:00

Kenmore's European Industrial Fund (KEIF), has acquired the European plant site and German headquarters of CompAir, a gas and air compression company, in Simmern, west of Frankfurt. KEIF paid UK commercial property investor London & Lothian EUR 14.2 mln for the property, reflecting a net initial yield of 7.02%. The ...

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