German real estate fund manager Real IS has bought the Hollandia office complex in Amsterdam from ING Real Estate Investment Management. The transaction price was not disclosed, but is believed to be between EUR 37.5 and EUR 39 mln, reflecting a yield between 6.4-6.6%.
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).
