A consortium of Porr Solutions, Warimpex, Vienna Insurance Group and Wien Holding has signed a letter of intent with the German luxury hotel operator Kempinski for the operation of the Palais Hansen building in the heart of Vienna. The property, which is being redeveloped and transformed into a new 150-room luxury hotel, will be Kempinski's first hotel in Austria.
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).
