French office-focused Fonciere des Regions (FDR) has finalised the acquisition of a 50% stake in the Velizy Campus business park located south-west of Paris, CEO Cristophe Kullmann said the presentation of the company's third-quarter results on Monday. The company, which already owned 50% of the project, is buying the other half from Morgan Stanley Real Estate France for around EUR 191 mln.
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).
