UK residential property group Grainger announced on Thursday that it is seeking to raise about £238 mln (EUR 265 mln) in a 2-for-1 rights issue. The issue price of 90 pence per share is a 67% discount on Wenesday's closing price.
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).
