UK commercial real estate consultancy group Colliers CRE said on Thursday that it expects to post a loss of around £10 mln for the year 2009 on the back of difficult trading conditions. Most of the loss (around £8 mln) was generated in the first half of 2009, Colliers said, as activity started to pick up in the second half 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).
