French commercial property company Société Foncière Lyonnaise (SFL) reported net losses narrowed by 36% in 2009 to EUR 252 mln. '2009 saw a further improvement in operating indicators thanks to firm rental revenues and reductions in both operating expenses and financing costs', the company said in a statement.
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).
