Dutch developer Peter van Dijk Projects & Investments has acquired a part of De Weiert shopping centre in the Dutch town of Weert from the railway pension fund. The investment volume is believed to be in the region of EUR 48 mln. Sources told PropertyNL - the sister publication of PropertyEU - that the net initial yield comes to 7%.
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).
