The German investment market is well on the way to achieving the EUR 25 bn mark in 2011, based on bullish prospects for the second half of the year and following a strong first half, according to property adviser Savills.
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).
