AXA Real Estate has closed its pan-European development fund, Development Venture III, after raising EUR 588.5 mln of total equity. The fund has so far invested in one prime office development project in London and three in Paris.
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).
