LaSalle Investment Management has completed the purchase of a Stockley Park office block in Uxbridge, Greater London, for £22 mln (EUR 26 mln), reflecting a net initial yield of 8.82%. The vendor was Invista Real Estate.
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).
