Foncière Développement Logements (FDL) has signed an agreement to acquire a portfolio of 1,053 residential units, offering around 80,000 m[sup]2[/sup] in Berlin. The transaction price amounts to EUR 84 mln. The purchase will be 50% financed with own cash resources and 50% funded with bank debt.
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).
