PropertyEU

Tristan acquires Birmingham's Cube at 8.4% yield

By A staff reporter 2012-12-12T00:00:00

Tristan Capital Partners' European recovery vehicle EPISO 3 has acquired The Cube building in Birmingham days after the fund raised EUR 170 mln of commitments in a first close. The investment volume for the transaction was not disclosed but Tristan said it reflected a net initial yield of 8.42%.

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