CBRE Global Investors has appointed Alex Bignell as UK head of Global Multi Manager (GMM). GMM invests in unlisted property funds, club deals and co-investments and currently manages $12.4 bn of equity capital, of which $5.7 bn is invested in UK assets.
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).
