UK retail REIT Metric Property Investments has created a £150 mln (EUR 175 mln) joint venture with local pension fund Universities Superannuation Scheme to acquire small, high-yielding retail parks across the country.
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).
