Industrial real estate will likely replace retail as the outperforming sector in Continental Europe, according to the latest research report produced by Invista REIM. This would be a major change as retail outperformed both the office and industrial sector in 2010 and played a large part in the improving property performance across the continent.
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).
