Investment in parking garages is the most stable form of real estate investment as the segment is least sensitive to the economic climate due to continuing scarcity and rising parking charges, according to new research published by Bouwfonds REIM.
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).
