CMC acquires €12.2m commercial park in Dresden
The property syndication firm CMC Capital has a c qui r ed a commercial park in the German city of Dresden for €12.2 million, in a deal which will have an initial rental yield of 7.2 per cent.
The property syndication firm CMC Capital has a c qui r ed a commercial park in the German city of Dresden for €12.2 million, in a deal which will have an initial rental yield of 7.2 per cent.
The Bannewitz commercial park is anchored by the DIY chain OBI on a long lease, with McDonald’s as another tenant.
OBI is Germany’s largest DIY chain, with over 350 stores throughout the country. CMC is ...
