Strong income returns of 1.3% helped the non-listed real estate funds sector deliver improved performance in the final quarter of 2010, with total returns up on the third quarter from 1.6% to 1.9%, according to the latest INREV Quarterly Index.
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).
