Rutley European Property, the fund set up and run by the asset management arm of Knight Frank, has bought five office properties in Karlstad, Sweden, for 1bn Swedish crowns (£74.9m). The Times
Orion Capital Managers has finalised the deal to buy BT’s St Paul’s headquarters.
The average property prime yield remained stable at 4.87% in June 2019, according to real estate advisor Savills.
Vans is set to open a new Oxford Street store on the site of a former Miss Selfridge, which has been closed as part of Arcadia’s restructuring.
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