Investment volumes in Europe, the Middle East and Africa (EMEA) stagnated at $34 bn (EUR 24 bn) in the second quarter of 2011 compared with Q1 but were slightly up on the year-earlier level, according to preliminary findings from property adviser Jones Lang LaSalle and not CBRE as incorrectly stated in the headline of Tuesday's newsletter.
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).
