The European listed property sector started 2010 with a 1.8% loss in January, according to the GPR 250 Europe index. The returns for the individual country indices in January were as follows: Positive returns were recorded by Switzerland (4.7%); Turkey (Is REIT; 3.2%), Germany (3.1%), Norway (Norwegian Property; 1.3%), Italy (1.2%) and France (0.6%).
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).
