Metric Property Investments has added another asset to its growing portfolio with the £15.1m purchase of Pierpoint retail park in King's Lynn, Norfolk, from Black Pearl Investments.
Palmer Capital, in partnership with Leeds-based developer Opus North, has bought The Bourse scheme in Leeds out of receivership for £7.4m, reflecting a net initial yield of 9.9%.
Transactions in the South East office market have reached £1bn in the year to date, according to CB Richard Ellis.
Lloyds Banking Group has appointed Jones Lang LaSalle as LPA receiver to manage the 9 Portland Street office building in Manchester.
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