A consortium of German lenders comprising BayernLB and Deutsche Hypo has provided a 50/50 financing facility for the redevelopment of the Ludwigpalais office-led scheme in Munich's Maxvorstadt city district. The borrower and developer is Quantum Immobilien. The size of the loan was not disclosed.
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).
