PropertyEU

Schroder acquires €52m Spanish shopping centre

By Isobel Lee 2017-05-23T00:00:00

metromar

Pan-European investor Schroder European Real Estate Investment Trust (SEREIT) has completed the purchase of the Metromar shopping centre in Seville, Southern Spain, from UBS Asset Management. The total purchase price of €52.5 mln reflects a net initial yield of 6.2%. 

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