Two large transactions helped lift real estate investment volumes in the struggling Italian and Spanish markets to EUR 1.5 bn in the two months to end-January, accordnig to research from PropertyEU. The figure is up more than 100% on the EUR 733 mln recorded in the same period in 2010-2011.
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).
