London-based property fund managers Europa Capital and M7 are joining forces to acquire multi-let industrial assets in the UK. The new joint venture, The Light Industrial Property Partnership (LIPP), will have the capacity to acquire over £130 mln (EUR 142 mln) of assets.
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).
