Legal & General Property (LGP) has acquired a Tesco supermarket in Newton-le-Willows, Merseyside on behalf of its Limited Price Inflatio Income Property fund. The deal marks the fund’s third acquisition, following the purchase of two Welsh government-let assets, and brings its total investment to over £40 mln, having already secured over £100 mln of commitments to the Fund in its first six months.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
