Europe's industrial REIT Segro has agreed to develop a new 32,300 m[sup]2[/sup] campus facility for Alcatel Lucent at its Energy Park in Vimercate, Northern Italy. Alcatel Lucent has entered into a 10-year lease with Segro, generating annual rental income of £4.2 mln (EUR 4.7 mln).
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).
