SNS Property Finance booked a loss of EUR 219 mln in 2009, it emerged on Thursday at the presentation of the annual results of parent company SNS Reaal. The Dutch financier is planning to wind down its international real estate portfolio by 2012 and will concentrate in future on its home market in the Netherlands.
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).
