Toronto-listed Dundee REIT plans to raise around CA$346 mln (EUR 247 mln) in an IPO of its international arm to help fund the acquisition of hundreds of Deutsche Post real estate assets in Germany. The full value of the acquisition comes to more than CA$1 bn, split evenly between equity and debt.
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).
