Login

Patrizia buys Newcastle Shopping Park for £34.5m from M&G Real Estate

The deal for the 211,000 sq ft shopping park was struck during lockdown
By Thomas Davidson
July 16, 2020 | 2:31 P.M.

Augsburg-based real estate investment manager Patrizia has bought the Newcastle Shopping Park from M&G Real Estate for £34.5m, reflecting a net initial yield of 7.75%.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE