Hinna Park AS, a Scandinavian Property Development ASA subsidiary, has entered into an agreement with Oslo Areal AS, regarding the sale of Kanalpiren AS at Hinna, Stavanger. The property comprises approximately 16,000 m[sup]2[/sup] of office space and a parking garage. The transaction is based on a property value of NOK 410 mln (EUR 50.2 mln) . The transaction and settlement will take place in January 2010.
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).
