The Italian fund management arm of US investor and developer Hines is preparing the second closing for its Hines Italia Value-added Fund, with a target equity of EUR 100-150 mln, Chief Executive Manfredi Catella told PropertyEU during the opening day of the Expo Italia Real Estate fair held in Milan on Tuesday.
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).
