Land Securities is preparing to invest in property-based derivative instruments that could help hedge exposure to its largest developments, according to a report in the Financial Times. This is the first time the UK's largest property company is making a move outside buying and building physical 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).
