Schroder fund acquires London asset for EUR 46m

By A staff reporter 2011-07-07T00:00:00

The West End of London Property Unit Trust (Welput), a closed-end fund managed by Schroder Property, has acquired the mixed-use building at 7/8 St Martins Place in London from Italian fund manager EstCapital for £41 mln (EUR 45.7 mln). The price represents a net initial yield of 5.9%. Welput was ...

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