PropertyEU

Rankvale spends EUR 142m on Geman shopping centres

By A staff reporter 2007-06-08T00:00:00

Rankvale European Property Partners (REPP), the real estate investment arm of London-based Rankvale Holdings, has acquired the Seidnitz Centre in Dresden through the acquisition of shares in a limited partnership for EUR 95 mln. The acquisition, representing an initial yield of 6.8% per annum, is the third and largest ...

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