German investor and project developer IFM Immobilien plans to issue a EUR 25 mln convertible bond to generate capital for new acquisitions or developments. The transaction will be coordinated by Close Brothers Seydler Bank, which will also act as lead manager alongside BHF-Bank.
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).
