TUI Resorts & Hotels, a subsidiary of Europe's tourism group TUI, has started construction of the first phase of the EUR 250 mln Castelfalfi Resort in Tuscany. Phase 1 of the project will comprise a boutique hotel, country houses and apartments being built on the 11 km[sup]2[/sup] grounds.
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).
