Dutch developer OVG has announced plans to increase its focus on the redevelopment and reconversion of office properties. Under the plan, redevelopment will in future account for up to 50% of its business at the expense of new constructions.
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).
