Swedish construction giant Skanska has secured an assignment from Star Property to build a Clarion Hotel in Trondheim, Norway. The contract value is NOK 550 mln (almost EUR 65 mln). The new hotel will comprise 31,000 m[sup]2[/sup] of space, have 400 rooms and a large conference hall. Construction will begin in the summer of 2010 and the project will be completed by April 2012.
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).
