The future of ING Real Estate Development remains uncertain following the split-up of parent company ING Group into separate banking and insurance units. In due course, the bank plans to spin off the insurance arm altogether and focus exclusively on its European banking activities.
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).
