German property lender pbb Deutsche Pfandbriefbank has provided the Heitman European Property Partners IV fund (HEPP IV) with a EUR 60 mln facility for the acquisition of two office properties in Budapest. The acquisition was one of four transactions carried out by US-based investor Heitman in Europe during December 2011.
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).
