French pension fund Mutuelle Médicis has acquired four development projects in France from sellers JCA, Hill & Associés and Cirmad for a total of EUR 25 mln. The High Environmental Quality (HQE) projects will provide 7,500 m[sup]2[/sup] of space on completion in 2010 and 2011. Adyal advised Mutuelle Médicis on these transactions and will take over the management of the properties.
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).
