CLS Holdings buys offices in UK, Germany for £56m
CLS Holdings
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Property investor CLS Holdings said it was buying office properties in Germany and the UK for a combined £55.9m.
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The company on Monday said it had exchanged contracts on a property in North-West Berlin €43.m which is currently 29% let following the recent departure of the previous anchor tenant. The second property is located in Watford, outside London and was acquired from M&G Real Estate for £16.9m.
Both acquisitions will complete in early 2021, it added.