A portfolio of seven hotel assets on the Balearic islands has gone into administration after its owner, Spain's Nueva Rumasa, defaulted on the loan.
A portfolio of seven hotel assets on the Balearic islands has gone into administration after its owner, Spain's Nueva Rumasa, defaulted on the loan.
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).