The French listed real estate investment trust model or SIIC may lose its shine for international investors due to new taxation rules, the Chief Executive of the European Public Real Estate Association (EPRA) said on Wednesday. Since its creation in 2003, the SIIC model has attracted billions of euros of foreign investment into French real estate.
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).
