Italian pooled property funds delivered positive returns for the second consecutive year in 2010, at 1.7%, a solid improvement on the 0.2% booked in 2009, according to the Italian Pooled Property Fund Indices (Italian PPFI).
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).
