A 60/40 joint venture between Max Property Group and Newmarket Property Holdings, a subsidiary of an overseas family trust, has agreed to purchase the freehold St Katharine Docks from St Katharine's Investments. The cash consideration of £156 mln (EUR 174 mln), net of acquisition costs, equates to a capital value of £330 per sq ft.
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).
