A surge of activity by European real estate investors in the last quarter of 2009 pushed the aggregate volume for the year to over EUR 64 bn, according to updated figures from PropertyEU Research. Almost 80% of the total comprised of transactions of EUR 50 mln-plus.
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).
