German property fund manager Deka Immobilien has sold the Axe France office building in Paris to a pool of French investors advised by DTZ Asset Management for EUR 166 mln. The property was acquired in 2004 for the Deka-ImmobilienGlobal open-ended mutual property fund.
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).
