Spain can expect to see similar muted levels of retail investment in 2012 compared to the 2011 level of EUR 520 mln as the sector continues to see stalled sales, turnover rent performance and continued rental discounts, according to a report by property adviser Savills.
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).
