Gecimed, the healthcare unit of Gecina, has signed a preliminary agreement with Foncière Sagesse Retraite (FSR) to buy a portfolio consisting of 30 nursing homes for a total of EUR 230 mln, reflecting an initial yield of 6.36%.
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).
