Belgian listed property company Banimmo has acquired the Marché Saint-Germain retail outlet in the 6th district of Paris, for almost EUR 30 mln. The property generates an annual gross rental income of EUR 2.1 mln, reflecting a yield of 7%.
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).
