M&G Investments acquires €220m bingo hall portfolio in the UK

By Virna Asara 2014-12-23T00:00:00

M&G Investments has acquired a portfolio of 47 bingo clubs in the UK for just over £173 mln (€220 mln) in a sale-and-leaseback deal with Gala Leisure. The transaction represents a net initial yield of 8.46%.

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