Germany's Allianz Real Estate is in talks with ING Real Estate Development to take a 50% stake in the EUR 200 mln Allee shopping centre in central Budapest. Industry sources told PropertyEU that ING RED, advised by Cushman & Wakefield, is planning to sell half of the property, which opened this month.
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).
