US distribution specialist Prologis will continue to operate Amsterdam-listed fund Prologis European Properties (PEPR) as a listed entity as it did not achieve a 95% holding through its mandatory tender offer launched in April, PEPR's Chief Executive Peter Cassells said during the Annual General Meeting held on Wednesday.
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).
