Investment manager Brockton Capital and retail property fund manager Pradera have formed a joint venture to acquire a portfolio of retail parks throughout the UK. The partnership has jointly committed enough equity to enable the acquisition of a gross portfolio valued at £250 mln (EUR 300 mln).
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).
