Munich-based real estate investor Real I.S. has acquired an office building which will house the Bavarian headquarters of energy company E.on for EUR 70 mln. Property adviser BNP Paribas Real Estate acted for the vendor, German developer Fay Projects. Real I.S. is to develop the project in a joint venture with Fay.
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).
