Swiss Prime Site is divesting two commercial properties for a total of CHF 280 mln (EUR 228 mln). The listed real estate company said the disposals generate a gross profit of CHF 77 mln, given that the properties were booked at a combined fair value of CHF 203 mln at end-June this 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).
