AP4, the Fourth Swedish National Pension Fund, has agreed to sell half its shares in property manager Dombron Stakeholders to pension provider AMF for SEK 400 mln (EUR 45 mln). Dombron is one of the largest owners and managers of residential properties in Sweden, with a portfolio of 8,000 residential and student housing units valued at SEK 6 bn in Uppsala, Stockholm, Halmstad and Gothenburg.
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).
