Cross-border direct commercial real estate investment volumes reached $37 bn (EUR 26 bn) in Q1 2011, up 25% from a year ago, according to the latest Global Capital Flows report from Jones Lang LaSalle.
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).
