Royal Bank of Scotland (RBS) has appointed Ernst & Young as receivers to a £1 bn (EUR 1.13 bn) property portfolio of Marriott hotels, an E&Y spokesperson confirmed to PropertyEU on Wednesday.
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).
