German property financier Aareal Bank is offering to repurchase the remaining EUR 2 bn guaranteed bond issued by the German bank stabilisation agency Soffin. In April 2011, Aareal Bank made an early repayment of the second Soffin-guaranteed EUR 2 bn bond due 5 June 2013 which was held on its own books.
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).
