EDINBURGH, UK-A specialist investment fund of the newly instituted LaSalle Investment Management Kapitalanlagegesellschaft mbH has purchased two commercial properties in Edinburgh and Glasgow. The eight-story structure on Princess Street in Edinburgh has two tenants and it was bought for GBP 34.1 million.
The Edinburgh property houses a 25,994-square-foot New Look store and a 97-room Premier Inn Hotel. The Glasgow store, leased to Nike, was bought for GBP 24.5 million. For the full story, go to Europe Real Estate .
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