Retail real estate transaction volumes in Europe rose nearly 60% to EUR 4.5 bn in Q4 2009, with the number of deals up to 100 from 66 in Q3 2009, according to Jones Lang LaSalle. However, full-year total volumes in 2009 fell 32% to EUR 12.3 bn compared with 2008.
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).
