Glitnir Bank Luxembourg has acquired a 370,000 m[sup]2[/sup] property portfolio in Sweden from bankrupt Danish company Centerplan Nordic in a deal involving some SEK 2.3 bn (EUR 250 mln) of debt and equity. The portfolio, operated under the name Bovista Invest, comprises mainly residential assets in southern Sweden.
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).
