European investment manager Aerium Finance is preparing the launch of a £200 mln (EUR 240 mln) Central London Development value-add fund to take advantage of strong demand for core offices in Central London in the next 2-3 years.
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).
