Henderson's EUR 419 mln Indirect Property Fund Europe (HIP) has made its first investment in the UK with the acquisition of units in two funds for a total EUR 23.5 mln. A sum of EUR 11.7 mln has been placed in the Standard Life Core UK Shopping Centre Trust and EUR 11.8 mln in the Unite UK Student Accommodation Fund.
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).
