Paris-based fund manager Stam Europe is investing some EUR 40 mln in the development of an 11,000-m[sup]2[/sup] office scheme on Milan's Viale Certosa, Stam Europe's Chief Investment Officer Mathieu Cassinis told PropertyEU in an interview during the Expo Italia Real Estate trade fair. The project represents one of the first speculative developments launched in Italy since the onset of the credit crisis.
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).
