CB Richard Ellis' Real Estate Finance team (CBRE REF), has been appointed as investment adviser to Coral Student Portfolio (Coral), a student accommodation fund-of-funds which provides investors with access to a range of specialist vehicles typically only available to the institutional market. CBRE REF will begin working for Coral from 1 July 2011.
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).
