The Royal Bank of Scotland and Blackstone are about to close a deal in which the bank will hand over control of £1.4 bn (EUR 1.7 bn) of distressed property loans to the US private equity group, according to a news report in the Financial Times.
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).
