European logistics operator Prologis has completed four financings worth a total of EUR 622 mln for its European property funds. The Prologis European Properties (PEPR) fund has received three new four-year loans of EUR 441 mln and will use the proceeds to refinance outstanding debt, the company said.
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).
