French furniture retailer BUT has sold a portfolio of 25 stores across France for a total of EUR 200 mln. The buyers are Shopping Property Fund 1, an OPCI investment vehicle managed by BNP Paribas, and investment firm Compagnie de Phalsbourg.
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).
