Italian listed property firm Prelios posted a net loss of EUR 290 mln in 2011, mostly reflecting EUR 195 mln in writedowns related to the Baubecon portfolio and EUR 49 mln in restructuring costs.
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).
