LaSalle Investment Management has announced the sale of Wren Retail Park in Torquay for £24.4 mln (EUR 27.4 mln) to Aviva Investors Pensions Limited, on behalf of The Torquay Unit Trust. The transaction represents an initial yield of 5.5%.
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).
