M&G Investment has raised EUR 343 mln for a mezzanine debt real estate fund. The European institutional investor announced this week that the final tally was achieved following three closings for the M&G Real Estate Debt Fund.
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).
