Hamburg-based ECE Projektmanagement and Austria's SES Spar European Shopping Centers are partnering in a new joint venture to develop and manage shopping centres in Italy. Both companies have an equal share in the new partnership, SES-ECE-Management, which is based in Salzburg and will be led by SES' President Marcus Wild and ECE's Deputy CEO Gerhard Dunstheimer.
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).
