SEB Asset Management added a building located in London's financial district to its open-ended real estate fund: SEB ImmoPortfolio Target Return Fund shortly before Christmas. The property is rated Grade A and is fully let. The seller was Wellcome Trust, a British charity that finances biomedical research projects. The total investment costs are approximately EUR 39.7 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).
