AXA Real Estate Investment Managers saw total transaction volume including completed and signed deals rise to EUR 6.2 bn in 2011. Acquisitions totalled EUR 2.6 bn, including EUR 900 mln of committed development expenditure, compared to disposals of EUR 2.1 bn. An additional EUR 1.5 bn was committed to loans.
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).
