Barcelona-based real estate manager Eurostate has signed a collaboration agreement with a private hotel investment fund to purchase boutique hotels in the principal cities of Spain and the main European capitals. One of the largest sovereign wealth funds (SWFs) is an investor in the fund, Eurostate said.
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).
