Investors in non-listed real estate funds in Europe are likely to remain focused on the core segment of the market at the expense of value-add and opportunistic styles for many years to come. This was one of the key messages during a panel discussion at a seminar held by the European Association of Non-Listed Real Estate Vehicles (INREV) in Amsterdam on Monday.
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).
