Germany's residential market is booming. In the year to 15 November, 68 residential deals involving portfolios of 250 units and above traded hands, a jump of 66% on last year’s figure, according to figures from Cushman & Wakefield. Around 74,000 units were traded in the period with a combined value of EUR 3.9 bn, according to C&W.
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).
