French listed group Altarea Cogedim has announced its first office property investment vehicle, AltaFund, raised EUR 600 mln in total equity commitments in its final closing. The fund was 20% oversubscribed. In March the fund raised EUR 350 mln during an initial close.
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).
