Redevco, an independent international real estate company, has purchased the freehold investment of a block of prime multi-let retail properties at 56-76 Commercial Road, Bournemouth in the UK from a private Irish investor for £31 mln (EUR 35 mln).
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).
