LONDON-Development Securities PLC has acquired a portfolio of loans acquired against 39 assets for GBP 103 million from NAMA. The approximately 65% of the Chrome portfolio includes residential properties that are mostly located in Central London and the remainder of the portfolio comprises neighborhood retail centers anchored Tesco as well as further residential, commercial and retail assets.

Development Securities has acquired the Chrome portfolio in a joint-venture partnership with the Pears Group. For the full story, go to Europe Real Estate .


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