Severnside Distribution Land (SDLL) is joining forces with Austrialian property group Goodman for the development of a large distribution park in Severnside, Bristol. This agreement will see the initial development of 85 acres which can accommodate up to 1.6 million sq ft (149,000 m2). In the future SDLL expects to start development of the rest of the land, totalling around 600 acres.
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).
