German lender Commerzbank is gearing up to break up Eurohypo, its real estate lending arm, putting an end to months of uncertainty regarding the future of the troubled real estate lender, according to those who track the market.
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).
