Swedish property group Niam has acquired a Copenhagen residential portfolio totaling 65,000 m[sup]2[/sup] from an undisclosed vendor for DKK 1.3 bn (EUR 175m). The portfolio consists of 646 condominiums located in the greater Copenhagen area. The majority is located on the Copenhagen harbour front.
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).
