Legal & General Property has acquired the freehold interest of No 4 The Square, Stockley Park, near London's Heathrow Airport for £26 mln (EUR 29 mln), representing a net initial yield of 8.76%. The 7,560-m[sup]2[/sup] of Grade A office building was bought on behalf of L&G's Linked Pensions Fund from Ropemaker Properties, the property holding company of BP Pension Fund.
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).
