Schroder Property Investment Management Italy has announced the sale of a 32,000 m[sup]2[/sup] logistic centre in Basiano near Milan to TMW Pramerica Real Estate Investors. Schroder Italy Fund N1 has disposed of the newly-built property for a price of approximately EUR 26.8 mln, representing a gross yield of 7.87%.
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).
