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Valad’s VEDF acquires shopping centre near Berlin

Valad Europe has acquired the Galerie Sonnengarten shopping centre in Glienicke, near Berlin, for €11.7 million, reflecting a net initial yield of 7.22%. On behalf of its Valad European Diversified Fund (VEDF), the asset was purchased from a fund managed by Tameso Unternehmensgruppe.

Located 16km f...

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