UK non-listed real estate funds delivered a performance of 14.9% in 2010 contributing significantly to the general upsurge in fortunes for the sector, according to the INREV Annual Index 2010 published on Wednesday.
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).
