Germany's Corpus Sireo has announced the launch of a new business unit for the value-added management of residential real estate. The management of EUR 1.2 bn of housing property for proprietary and client accounts has already been transferred to the new residential division, which is led by Stefan Korthals.
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).
