Beni Stabili has completed further sales of nine properties for a total of EUR 38.2 mln during the fourth quarter of 2009. This is slightly more than the book value at 30 September 2009 which stood at EUR 34.9 mln. The company also completed the sale of a property in Bologna for approximately EUR 39 mln in December. At 30 September 2009, the book value stood at EUR 38.6 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).
