Eagle 3 swoops for £39m UK portfolio

The syndicate, called Eagle 3, is buying the mixed portfolio from GE Real Estate for a price reflecting an average 8.5% yield. It is the second significant acquisition since Babcock & Brown announced its intention in October 1999 to invest directly in UK property.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now