English owner at Plaza in Ozd
Dawnay Day Carpathian PLC said it has acquired a retail portfolio of four properties from the Austria-based MID Group.
The property investment company said that after the purchase
costs, the portfolio will produce net initial returns of about 6.45 pct, rising
with lease indexation.The portfolio comprises two properties in the Czech
Republic and two properties in Hungary, the retail park in Ozd and a plaza in
Gyula.
Dawnay Day Group has purchased 22 Interfruct cash-and-carry
stores from the Hungarian property developer, SCD Group, for €82.5 million,
representing an initial yield of 7.8%.
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