UK REIT Hammerson said on Thursday that it has been granted a £505 mln (EUR 568 mln) five-year syndicated credit facility coordinated by BNP Paribas. The loan size was increased from £400 mln to £505 mln following an over-subscription.
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).
