RREEF Real Estate, the real estate investment arm of Deutsche Bank's asset management division, is planning to invest around EUR 650 mln in real estate for its open-ended grundbesitz europa fund over the next 12 months, Ulrich Steinmetz, managing director of RREEF Germany, told PropertyEU.
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).
