German REIT Hamborner has acquired a retail asset in the pedestrian area of Langenfeld in Germany from a company of the Sass family. The investment volume of over EUR 17 mln reflects a gross initial yield of 6.6%.
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).
