Multi Development said that it has received a financing facility of over EUR 98 mln for the development of its Nova Karolina shopping centre in the centre of Ostrava, Czech Republic. The five-year loan was provided by a syndicate of banks comprising Ceska Sporitelna, Sob, Hypo Investmentbank and KBC Bank.
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).
