European real estate investment and fund manager Kenmore Property Group (KPG) has gone into administration. The board has appointed Rob Caven and Martin Ellis of the UK office of financial and business adviser Grant Thornton as joint administrators of 21 companies within the group, it was announced on Thursday.
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).
