Rodamco sells 70 retail units

By A staff reporter 2006-11-20T00:00:00

Rodamco Europe has announced the divestment of a portfolio of retail units throughout the Netherlands to private investment group Beleggings Fonds Nederland for EUR 41 mln. The amount was above the latest book value, Rodamco said, and the transaction realised a net initial yield of 5.1%.

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