Vib Vermogen buys German mall

By A staff reporter 2007-04-20T00:00:00

Vib Vermogen has acquired a shopping mall in Gersthofen near Augsburg in south-central Germany for EUR 14.1 mln. The property, which is fully let, will generate an annual rental income of about EUR 1 mln, the company said in a press release. This corresponds to a rental yield of 7.1% ...

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