Hypermarket anchors in France are poised to become one of the losers of the current crisis in the retail sector, according to Henrike Waldburg, head of acquisitions and sales at German open-ended fund Union Investment. 'In the coming years, we will see a distinction between two types of retail concepts: discounters and high-quality shopping centre schemes in inner city centres. They will be the winners.'
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).
