PropertyEU

RREEF buys five UK properties

By A staff reporter 2007-03-22T00:00:00

Deutsche Asset Management's property and alternative investment unit RREEF has invested EUR 33.8 mln in the purchase of the mixed-use Caudwell portfolio from Doughty Hanson. The deal reflects a net initial yield of 6%. The portfolio comprises five office and industrial buildings in the British Midlands, and includes around 8.1 ...

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