German fund manager Arminius has announced that two of its vehicles have acquired a controlling majority stake in a portfolio of 28 German properties with a market value of about EUR 1 bn belonging to Amsterdam-listed Eurocastle Investment.
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).
