German real estate manager IVG Immobilien is not letting the ongoing sovereign debt crisis stand in the way of a good deal. Last year, at a time when many investors were reining in their spending, IVG powered ahead, tripling its transaction volume to EUR 2.25bn.
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).
