German fund manager Deka Immobilien has acquired the Parkboulevard specialist retail centre in Rotterdam for its WestInvest TargetSelect Shopping special property fund. The vendor is VOF Vierhafens, a joint venture of Dutch property developers MAB and DuraVermeer. The parties agreed not to disclose the purchase price.
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).
