Munich-based UBS Real Estate Kapitalanlagegesellschaft has sold two office properties located at Zurich Airport to insurance group Swiss Life. The transaction volume of CFH 136 mln (EUR 90 mln) was 16% higher than the latest appraisal value for the properties.
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).
