Orchard Street Investment Management has acquired a portfolio of industrial properties in the south-east of England for a pension fund client. The investment volume of £50.4 mln (EUR 58 mln) reflects a net initial yield of 7.1%.
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).
