Morgan Stanley's French property investment vehicle La Lucette announced that it has signed a preliminary agreement with German insurance group Allianz to sell the Colisée office building in Courbevoie, north-west of Paris. Although the financial details were not disclosed, market experts indicate that the transaction amounts to around EUR 160 mln.
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).
