The near-term outlook for the German commercial property market remains a little downbeat, according to the latest Global Real Estate Weekly report from RICS. Capital values and rents are expected to continue edging lower, according to the RICS survey.
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).
