The King Sturge Real Estate Economy Index for the German market dropped by 2.9% in March, the first time this year that sentiment has softened. But at 140.4, the index remains above its 2010 scores, King Sturge said. The main index was depressed by negative sentiment in the Investment Climate and Rental Income sub indices, which fell by 2.4% and 3.4% respectively.
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).
