German real estate investor Prime Office has announced that it is relaunching its IPO of shares for retail and institutional investors on Wednesday. Some 34.5 million shares are being offered at EUR 6.20 per share - a substantial reduction on the original range of EUR 7-9.50 cited in the lead up to the postponement of the offering last week which was blamed on '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).
