A club of banks arranged by pbb Deutsche Pfandbriefbank has jointly provided a EUR 308 mln facility to Accession Fund SICAV to finance an office and logistics portfolio across Central and Eastern Europe. German fund manager GLL Real Estate Partners acted as adviser to Accession Fund on the transaction which closed at end-March 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).
