LaSalle Investment Management has completed the purchase of two student accommodation blocks in the heart of Newcastle for £ 23.1 mln (EUR 28 mln) from Aviva Investors. The deal reflects a net initial yield of 5.6%, the company said.
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).
