PropertyEU

Leasinvest buys assets in Luxembourg.

By A staff reporter 2009-01-05T00:00:00

Leasinvest Immo Lux, a subsidiary of Leasinvest Real Estate, has acquired three retail properties located in Strassen, Diekirch and Foetz, Luxembourg for EUR 47.5 mln. The assets generate a total rental income of EUR 3.6 mln per annum, reflecting a gross initial yield of 7.68%. They are fully let with ...

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