The fund management arm of Italian insurance giant Generali is looking at a number of high-street properties for potential acquisition as a hedge against inflation, according to Giovanni Paviera, CEO of Generali Immobiliare Italia Sgr. The move represents a major change in the company's investment strategy which has traditionally focused on prime offices.
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).
