London-listed Russian residential developer PIK has announced that Russian bank Nomos-Bank has bought its $262 mln (EUR 174 mln) loan from Vneshekonombank (VEB). PIK and Nomos-Bank said they plan to finalise restructuring terms by 15 January.
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).
