UK bank Barclays has agreed to sell a portfolio of real estate loans to property investment trust CreXus for $586 mln (EUR 414 mln), as part of the bank's plans to divest non-core property assets. The acquisition is expected to close during mid-April 2011.
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).
