US privately held developer and investor Hines said that its Zielo shopping centre opened its doors last week in the Spanish city of Pozuelo de Alarcon, near Madrid. The company has invested around EUR 100 mln in the development of the mall, which includes 42 shops.The project has a total catchment area of more than 1.5 million people living within a 30-minute drive.
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).
