German lender pbb Deutsche Pfandbriefbank has provided a £39 mln (EUR 44 mln) financing facility to a subsidiary of Almacantar for the acquisition of the Marble Arch Tower in London. The transaction was closed on 23 June 2011.
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).
