The retail investment market in Central & Eastern Europe (CEE) picked up significantly in the second half (H2) of 2009 with turnover rising to EUR 650 mln. This brings total retail investment over the full year to EUR 760 mln, according to new research by CB Richard Ellis.
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).
