French SIIC Gecina has acquired the C2 office development project in the new Les Docks district of Saint Ouen, France from local developer Nexity. The investment volume of about EUR 69 mln reflects a net initial yield of 8%.
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).
