Europe will be the main target of global investment in 2010, according to a new report by property adviser DTZ that predicts that $315 bn (EUR 219 bn) of capital will be available for investment in real estate worldwide. This is double the US$157 bn of capital transacted in the last 12 months.
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).
