Bernhard Kraus has joined the management team at Union Investment Institutional Property. He is responsible for securities transactions as part of pooled real estate solutions. In addition to his new role, Kraus is a director of Frankfurt-based sister company Union Investment Institutional, a position he has held since 2008 and where he is responsible for product management, fund administration and risk control.
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).
