Global office real estate markets will undergo a slow recovery, with several key markets poised to see growth continue through 2012 and 2013, according to Cushman & Wakefield's Global Office forecast. While 2011 began strongly in office markets around the world, apprehension and uncertainty led to a major bump in the road to recovery during the third quarter, resulting in a conservative outlook for the next year.
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).
