MAB Development and Sonae Sierra have formed a joint venture to develop a new EUR 120 mln shopping centre at the former Karstadt building in Solingen, a city in the North Rhine-Westphalia region of Germany.
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).
