Pramerica Real Estate Investors has confirmed the sale of the Titán 4 office building in Madrid to Invesco Real Estate, as reported by PropertyEU last week. Financial details were not disclosed but the transaction price is understood to be around EUR 40 mln, reflecting a net yield of 6.5%.
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).
