New analysis from Grosvenor Fund Management predicts a sharp recovery in London office returns starting in 2010 and generating 12-13% pa returns over five years. This follows capital value declines in excess of 45% since mid 2007.
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).
