The property arms of insurance groups Allianz and AMF as well as Finnish listed property firm Citycon are believed to be in the running for a portfolio of three neighbourhood shopping centres in Stockholm under offer from Centeni. Currently owned by Royal Bank of Scotland, Centeni is the former joint venture company established by UK private investment firm Boultbee and collapsed investment bank Lehman Brothers.
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).
