Germany's Deka Immobilien said on Tuesday that it has purchased the Occidens office development project in the country's financial capital, Frankfurt, from Groß & Partner for a minimum price of EUR 75 mln. The asset is earmarked for the group's WestInvest ImmoValue open-ended fund for institutional investors.
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).
