CB Richard Ellis Investors has announced the purchase of a Lidl food store at Bridge Street, Pinner in London for £7.07 mln (EUR 7.8 mln). The purchase represents a net initial yield of 4.15% per annum with immediate reversion on the settlement of the outstanding rent review to above 5% per annum.
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).
