Franchising, retail, business
21/01/2015
Investment in UK shopping centers has reached its highest level in nine years, according to the latest research by CBRE, the commercial property and real estate services advisor. In 2014, £5.6 billion of transactions were completed on UK shopping centers, an increase of 33% on the £4.2 billion transacted in 2013 and well above the ten year average of £4 billion per annum.
Investment activity has not been as high since 2005 when £8.5bn was transacted. 2014 saw some landmark transactions with the largest deal being Land Securities’ £656 million purchase of Lendlease’s 30% stake in Bluewater. Lendlease, advised by Morgan Stanley, sold their stake with full asset management rights, to Land Securities, advised by Cushman & Wakefield, reflecting an initial yield of 4.10%.
Fonte:http://blog.across-magazine.com/?p=5244#%2EVMARclQ9SJ4%2Elinkedin