Barclays Bank has provided a funding package of £79 mln (EUR 88.6 mln) for one of the largest regional office investment transactions to take place in the British Midlands this year. The funding enabled a syndicate of investors arranged and managed by Tritax to acquire 7, 8 and 10 Brindley Place, the landmark office development in Birmingham, at a cost of £101 mln (EUR 113 mln).
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).
