Legal & General Property has raised £175 mln (almost EUR 200 mln) from European institutions in the first close of its UK Property Income Fund. The £1 bn (EUR 1.1 bn) fund is aimed at European investors seeking to take advantage of opportunities in the UK real estate market.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
