Reit snaps up £425m Evan's portfolio

By A staff reporter 2007-06-07T00:00:00

Reit Asset Management emerged as the winner of the auction for Evan's Property Group's 275-building UK portfolio. Reit, run by tycoon Leo Noe, beat major US and UK investors in the bidding for the £425 mln (EUR 627 mln) portfolio put up for sale earlier this year, Bloomberg reported.

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