Slovakian developer HB Reavis said on Tuesday that its Luxembourg-based investment management arm has bought a portfolio of five commercial assets for a total of EUR 165 mln, reflecting a blended initial yield of 7.6%. The assets were developed by HB Reavis.
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).
