Real estate investment company Swiss Prime Site (SPS) said it has acquired 96.05% of the share capital of peer Jelmoli Holding, creating Switzerland's largest listed property company by market value. Following the operation, Jelmoli's Walter Fust will resign from the board of directors with effect from 31 October 2009.
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).
