CB Richard Ellis Loan Servicing (CBRELS) has announced that it has recovered £1.1 bn (EUR 1.2 bn), or 76%, of the failed £1.6 bn White Tower 2006-3 CMBS loan through sale of the underlying 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).
