Land Securities has sold two office assets in East London - 110 Cannon Street and Martin House - to the Universities Superannuation Scheme (USS) for around £48.5 mln (EUR 55 mln). 110 Cannon Street is currently at the preliminary stages of a major 6,800 m[sup]2[/sup] refurbishment due to complete in spring 2012. Martin House, located to the rear of 110 Cannon Street, is fully let to five separate tenants.
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).
