PropertyEU

Wereldhave snaps up retail centre in Spain

By A staff reporter 2007-07-23T00:00:00

Dutch property group Wereldhave said on Monday it has acquired a retail and leisure centre in Collado Villalba, Spain, for EUR 53 mln. The net initial yield on the property amounts to 6.25%. Wereldhave bought the complex from private Spanish company Invers Oil.

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