Legal & General Property (LGP) said on Wednesday it has submitted an outline planning application for a new 81,800 m[sup]2[/sup] rail-connected cross-dock distribution warehouse at its 70 acre former Gefco UK Car Storage Site on Geddington Road in Corby, near Birmingham. The project is earmarked for the company's Industrial Property Investment 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).
