Canadian pension fund Ontario Municipal Employees Retirement System (OMERS) has purchased a 50% stake in MidCity Place in London from an affiliate of US private equity firm Beacon Capital Partners. Although the acquisition volume was not disclosed, market reports indicate the price was around £142 mln (EUR 157 mln).
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).
