Several large German residential portfolios are to hit the market in the coming months in response to rising investor demand. Regional bank Landesbank Baden-Württemberg is likely to be one of the biggest sellers with the expected disposal this summer of a portfolio of around 24,000 units in southwestern Germany.
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).
