German office property firm Prime Office raised roughly EUR 214 mln after placing 34.5 million shares at a price of EUR 6.20 per share on the Frankfurt and Munich stock exchanges on Thursday. The operation comes a week after Prime Office was forced to postpone its IPO at a substantially higher price of EUR 7-9.50 due to 'volatile market conditions'.
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).
