Two Israeli insurance groups have acquired Norwich Union's former headquarters in the UK city of Norwich from Telereal for about £134 mln (almost EUR 150 mln). Harel Insurance Investments & Financial Services and Menora Mivtachim Holdings said they are each paying £64.5 mln to take stakes of 48% each in the partnership that will own the 33,000 m[sup]2[/sup] property.
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).
