Rutley European Property has purchased the sections of the Mosse Centre in Berlin it did not previously own, for EUR 54 mln. The listed UK company took over 25,000 m[sup]2[/sup] of office and industrial space, which house, among other companies, publishing firm Druckhaus Berlin-Mitte.
Rutley European Property has purchased the sections of the Mosse Centre in Berlin it did not previously own, for EUR 54 mln. The listed UK company took over 25,000 m2 of office and industrial space, which house, among other companies, publishing firm Druckhaus Berlin-Mitte.
Rutley's initial yield on the property is 6.77%. Hoelters and Elsing advised the UK company on the transaction.