Landsec exchanges on €228m London mixed-use asset

By Virna Asara 2022-05-12T00:00:00

UK REIT Landsec has agreed to sell 32-50 Strand in London for £195 mln (€228 mln), representing a net initial yield of 4.2% to Sinarmas Land Limited, a real estate company listed on the Singapore Exchange and headquartered in Singapore.

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