Schroder Property has bought a second retail property in Sweden for around EUR 20 mln for its Nordic Property Fund in a deal reflecting an initial yield of 6.3%. The acquisition of Coop Forum in the city of Helsingborg follows the purchase, also in the second half of 2011, of a retail property in Malmö.
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).
