Listed Swedish property company Kungsleden is purchasing the Swedenborg Center commercial property for SEK 194 mln (EUR 21.4 mln), including transaction costs. The asset generates SEK 29 mln in annual rent, reflecting a net initial yield of 7.6%.
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).
