The January/February edition of PropertyEU Magazine examines the crumbling wall of debt. Continental European banks are beginning to offload large property loan portfolios in response to the eurozone debt crisis. Up to now, discounts have averaged 40%.
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).
