Deutsche Bank's real estate investment management arm RREEF has scooped a KRW 500 bn (EUR 315 mln) separate account mandate from Korea's largest insurance business, Samsung Life, to invest in core real estate in gateway cities in Europe and the US. Samsung Life has been one of Korea's leading life insurance companies for over 50 years.
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).
