UK REIT Liberty International said on Friday that it has received a new seven-year financing facility from a consortium of seven banks for the Lakeside shopping centre in Thurrock, near London. The £525 mln (EUR 600 mln) funding was arranged by WestImmo and Eurohypo and the lenders are DekaBank, Eurohypo, Helaba, Lloyds, Pfandbriefbank, Santander and WestImmo.
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).
