Morgan Stanley Real Estate Investing's joint venture with German property company Redos has bought 18 retail assets from a private investor. The financial details of the transaction were not disclosed. The joint venture, established in 2010, now has a portfolio of more than 40 properties in the western states 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).
