The outlook for the European real estate industry in 2010 can be characterised as one of cautious optimism coupled with uncertainty, said John Forbes, real estate industry leader EMEA at PricewaterhouseCoopers and co-author of the annual Emerging Trends in Europe report published in partnership with the Urban Land Institute.
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).
