ING Real Estate Investment Management has received the green light from the Bank of Italy for the creation of an Sgr real estate fund management unit. The move is part of the Dutch investment management giant's plan to boost its presence in the Italian property market, country manager Lisette van Doorn told PropertyEU.
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).
