Ravenna-based CMC Group is to develop a 28,000-m[sup]2[/sup] factory outlet centre in the bay of Taormina, Sicily. The municipality of Calatabiano has also decided to add a 21,000-m[sup]2[/sup] retail park, the largest in Sicily, to the scheme.
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).
