Major UK REIT British Land is in advanced talks to buy a £175m (EUR 195 mln) portfolio of properties in the UK that are occupied by Virgin Active health and racquet clubs, according to a report in the Financial Times. The vendor of the properties is Société Générale, which took control of them in 2009.
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).
