US privately held investor and developer Hines is in negotiations to sell its flagship BC Ducat Place III office development project near the Mayakovskaya metro station in Moscow. The business centre, offering some 50,000 m[sup]2[/sup] of space, could fetch up to $300 mln (EUR 247 mln), according to reports in Russian newspapers.
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).
