Swiss property fund and developer Allreal booked net profit including revaluation gains of CHF 140.8 mln (EUR 116 mln) in 2011, a 21% increase on 2010. Earnings from business activities and the generally higher valuation of its real estate portfolio contributed towards the growth, the company said in a statement.
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).
