German lender pbb Deutsche Pfandbriefbank has provided a EUR 61 mln loan for two Spanish retail and leisure parks owned by subsidiaries of the Pillar Retail Europark Fund (PREF). The fund is managed by BL European Fund Management and is part-owned by UK REIT British Land.
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).
