Deka Immobilien has acquired a logistics real estate portfolio in northern Italy for its Deka-ImmobilienEuropa open-ended fund for about EUR 60 mln. The transaction involves 50,000 m[sup]2[/sup] of space leased on a long-term basis to an international food company in the Milan region and another 50,000 m[sup]2[/sup] leased to an Italian contract logistics company in Venice, Verona, Bologna and Padua.
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).
