Retail specialist Klépierre is planning to spend between EUR 500-800 mln on new acquisitions this year and to divest between EUR 250-400 mln as part of its ongoing asset disposal programme. The Paris-listed company made the announcement at the presentation of its 2009 earnings figures after bourse on Tuesday.
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).
