Investment in UK commercial property slipped 8% to £32.5 bn (EUR 42.1 bn) in 2011, according to new research from CBRE. This is still significantly higher than the £24.25 bn recorded in 2008 and £25.2 bn in 2009.
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).
