Austrian listed property group Immofinanz has sold its 50% stake in the Andreas Quarter development project in Düsseldorf to an unnamed buyer. In a statement on Monday, the CEE developer-investor said the sale generated a return of 7% on a total investment of EUR 40 mln.
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).
