While mitigating factors are supporting banks’ large mortgage portfolios for now, their smaller commercial real estate exposures appear to be more vulnerable.
While mitigating factors are supporting banks’ large mortgage portfolios for now, their smaller commercial real estate exposures appear to be more vulnerable.
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).