Mon, Sep 22, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Fund Profile, Investment, M&A more

Teeside begins UK acquisition programme

Posted on 15 July 2009

From IPE: The £2bn (€2.1bn) Teesside Pension Fund, administered by Middlesbrough Council, has purchased its first real estate asset through its recently-appointed property manager LV Asset Management (LVAM).

LVAM acquired Bromford Central Industrial Estate in Birmingham, England, on behalf of the pension fund, from Standard Life Investments for £8.96m, reflecting an initial yield of 8.5%…….Full Article (Subscription Required) : Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930