Dutch listed retail investor Corio said on Thursday that it has acquired 75.8% of the Saint-Jacques shopping centre located in Metz, in the northeastern part of France, for EUR 96.4 mln, reflecting a net initial yield of 6.6%. Although the vendors cannot be disclosed, a Corio spokesperson said they are a number of wealthy French families.
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).
