Scottish Widows Investment Partnership and Cushman & Wakefield Investors have announced the first close of their Pan-European Urban Retail fund (PURetail) with EUR 100 mln in equity committed by three European institutional investors.
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).
