Skandia Property Fund, which is managed by ING REIM, has purchased a retail warehouse in the UK for £21.7 mln (almost EUR 24 mln). The 8,300-m[sup]2[/sup] modern retail unit in Halesowen, West Midlands is let to DIY and home improvement retailer B&Q.
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).
