British Land saw the value of its total investment portfolio rise by 8.2% to £7.9 bn n the third quarter to end-December. Net asset value increased 18%, reflecting a return to IFRS pre-tax profit of £611 mln. In the same year-earlier period, the London-listed company booked a loss of £1.6 bn.
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).
