Listed property company Hammerson has acquired the virtual freehold of a 26-storey office tower in the City of London from investment manager Prupim for £100 mln (EUR 111 mln), including costs. Prupim sold the 999-year leasehold interest in 99 Bishopsgate, London on behalf of Prudential Assurance Company.
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).
