Pension provider AMF has acquired three prime shopping centres in Stockholm in the largest Swedish retail property deal of 2011. The investment volume was not disclosed but it is believed to be just over SEK 4 bn (EUR 450 mln). There was stiff domestic and international competition for the assets.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
