IVG Immobilien posted a profit of over EUR 23 mln in 2010, returning to positive territory after two years of losses. Germany's largest property company by market capitalisation said that the result confirms 'not only a stabilisation of real estate markets but also the success of the operative and financial restructuring of IVG in particular'.
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).
