It is acceptable for listed shopping centre specialists to have a slightly higher gearing than their peers who invest in other real estate segments, according to Matthias Storm, head of real estate at Kempen Capital Management.
It is acceptable for listed shopping centre specialists to have a slightly higher gearing than their peers who invest in other real estate segments, according to Matthias Storm, head of real estate at Kempen Capital Management.
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).