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LaSalle to buy Hounslow shopping centre

LaSalle Investment Management is in talks to buy The Treaty Centre in Hounslow for close to £60m, reflecting a yield of 7.2% CoStar News understands.
By Kasmira Jefford
September 27, 2017 | 6:52 P.M.

The fund manager is under offer to buy the shopping centre on a leasehold basis on behalf its LaVA (LaSalle Value Add) mandate, a co-investment vehicle formed with a private client focused on value-add real estate opportunities across Europe. 

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