Italy's central bank has appointed Colliers International and Exit One as advisors for the sale of a real estate portfolio consisting of former bank branches and some residential units distributed throughout Italy. The assets, with a market value of some EUR 300 mln, offer roughly 240,000 m[sup]2[/sup] of space including prestigious buildings located in major Italian cities.
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).
