Private equity firms Lone Star, Cerberus Capital Management and Colony Capital are reportedly leading the race to buy Lloyds' £1bn Project Royal loan portfolio, according to a news report in UK magazine Costar. The deadline for the second round of bids is said to be November 28.
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).
