Retail was the most popular real estate segment with investors in Germany last year, accounting for seven of the 10 largest deals in 2011. All told, retail made up almost half of the aggregate German volume of more than EUR 23 bn last year.
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).
