Invesco Real Estate, the international property investment manager, has invested around EUR 37 mln in the development of a 57,000-m[sup]2[/sup] logistics property in Gliwice, Poland. The asset was developed by Panattoni Europe and is fully let on a long-term lease to Tesco Poland, which is using the property as a primary distribution centre for all Tesco stores across southern Poland.
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).
