Central European Estates (CEE) has reportedly sold its loss-making hospitality subsidiary, CEE Hotel Holdings, to Inventech for NIS 117 mln (EUR 21 mln). The disposal follows the acquisition by CEE of a 74% stake in Inventech earlier this week, according to an article in the online edition of Globes.
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).
