Listed Swedish property company Kungsleden has announced that it is selling its participation in a development property in Västerås, west of Stockholm, to construction and civil engineering company Peab. The pair are currently joint 50% owners of Kokpunkten Fastighets, which owns the development property.
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).
