Private equity real estate fundraising remained slow in the first quarter of 2011, with $5.8 bn (EUR 4 bn) raised by funds holding a final close, according to Preqin, which provides data on the alternative assets industry.
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).
