International real estate advisor Savills, on behalf of Prime Commercial Properties (PCP), is marketing a freehold portfolio of four shopping centres in Germany for a guide price of circa EUR 400 mln. The four centres, Allee-Center Leipzig, Billstedt-Center Hamburg, City-Center Chorweiler, Cologne; Haven Höövt Vegesack, Bremen, comprise 139,355 m[sup]2[/sup] of retail, storage, office and partially residential units.
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).
