International private real estate services group Cushman & Wakefield posted a nearly 22% increase in gross revenue to $518.8 mln (EUR 380 mln) in the third quarter, versus $426 mln in the same period a year before. As a result, the company saw its net losses narrow to $19.4 mln in the first nine months of the year, versus $22.3 mln in the same period in 2010.
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).
