French property developer Altarea-Cogedim is joining forces with private equity group Orion Capital Managers to develop a new shopping centre in Villeneuve-La-Garenne, north of Paris. The project is a 50/50 joint venture between Altarea-Cogedim and a fund managed by Orion.
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).
