PropertyEU

LondonMetric takes over Savills UK fund in €144m deal

By Virna Asara 2021-12-22T00:00:00

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LondonMetric Property has announced the acquisition of Savills IM UK Income and Growth Fund in a corporate transaction valued at £122.2 mln (€144 mln), reflecting a blended yield on cost of 4.3% and an anticipated reversionary yield of 4.9%.

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