The Highstreet investor consortium has completed the sale of a Karstadt department store in Bielefeld, northern Germany to local investment firm Aachener Grundvermögen KAG. The price of EUR 40 mln generates capital gains of EUR 3 mln.
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).
