Europa for sale for £36m

Aprirose Real Estate Investment has put a 592-bedroom student accommodation block in Liverpool on the market with a £36.35m price tag.

A sale at the asking price would represent a net initial yield of 5.25%. Europa on Manfred Street is let to Nicelock until March 2030, at a rent of £2m a year.

Knight Frank has been appointed to sell the freehold interest in the building, which is opposite the Royal University teaching hospital …

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