NR Nordic & Russia Properties has entered into an agreement to sell Katthavet 8, its only remaining real estate asset in Stockholm, to local property company Balder. Although the transaction price was not disclosed, the disposal is said to amount to SEK 400-450 mln (roughly EUR 50 mln). The transaction is expected to close in the second half of June 2011.
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).
