Property adviser Savills has identified three regions in Germany that offer potential for shopping centre development, based on the total retail space per person, purchasing power and the share of shopping centre space compared with sales. The three regions are: s?dlicher Oberrhein (including Freiburg), M?nster and Munich.
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).
