Foreign investors now own 52% of the Square Mile’s office stock, up from 8% in 1980 and continuing an upward trend seen since the Big Bang, according to the 'Who Owns the City' report published on Tuesday by Development Securities.
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).
