German investment firm Deka Immobilien has purchased an office project in Munich for an investment volume of EUR 75 mln. The vendor was French property company Icade. The 19,000-m[sup]2[/sup] property is being added to Deka's open-ended real estate fund Deka-ImmobilienEuropa.
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).
