UK-based private equity firm Orion Capital Managers has finalised the acquisition of a 50% stake in the Puerto Venecia shopping centre project in Zaragoza, northern Spain, well-informed market sources have told PropertyEU. The price of the 50% stake, acquired from Spanish developer and investor Copcisa Corporaciónis, is believed to be around EUR 48 mln.
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).
