Dutch listed investment group Corio has divested a 9,500-m[sup]2[/sup] retail complex in central Metz, in the northeast of France, to privately-held UK group Grosvenor for around EUR 30 mln. The sale represents a net initial yield of 5.5%.
Dutch listed investment group Corio has divested a 9,500-m[sup]2[/sup] retail complex in central Metz, in the northeast of France, to privately-held UK group Grosvenor for around EUR 30 mln. The sale represents a net initial yield of 5.5%.
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).