Aareal Bank has announced a rights issue to raise gross proceeds of around EUR 269 mln. The German listed property financier said the proceeds would be used to support growth of its Property Financing segment, and for strengthening the bank's equity base.
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).
