Swiss fund manager UBS said that it plans to carry out a capital increase of up to CHF 530 mln (EUR 361 mln) for its Swiss Mixed Sima real estate investment fund. The fund raising will be executed through the issue of new warrants, and the financial details of the operation will be announced at the beginning of April.
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).
