UK investment manager Orchard Street has acquired the office property 61-65 Conduit Street in London W1 from Threadneedle Investments. The investment volume of £36 mln (EUR 42 mln) reflects a net initial yield of 4.7%.
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).
