French fund manager Ciloger says it intends to focus on retail property this year in particular through partnerships with corporates seeking to divest their real estate. In 2009, the company concentrated on residential assets with a total of EUR 358 mln being spent in housing over the course of the year.
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).
