Transaction volumes for Germany’s commercial real estate market will exceed EUR 20 bn in 2012 with continued strong demand from both domestic and foreign investors, according to real estate adviser Savills. Last year, approximately EUR 22.6bn changed hands in the country, marking a 20% increase on 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).
