3. YT Realty Group acquires a central London property
Deal size: 42.3 million pounds (373.3 million yuan)
Date announced: July 19
YT Realty Group has agreed to acquire a central London property for 42.3 million pounds, the Hong Kong-based company announced on Tuesday.
Situated on London’s Liverpool Street, the six-story building is on a 35-year lease to budget chain Travelodge, which generated a gross annual rental yield of about 2 million pounds last year, according to a filing to Hong Kong exchange.
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The rush hour begins early near Liverpool Street Station in central London, Dec 22, 2015. [Photo/IC] |
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