The Belgian arm of French property company Nexity has launched the development of a new mixed-use project on one of the last available sites in the European district of Brussels. Designed by architects A2RC, the project consists of three elements, in particular a 110-room hotel, residential apartments and office space. Completion of the complex is scheduled for the first half of 2011, Nexity said.
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).
