Hamburg-based fund manager Union Investment Real Estate is planning new acquisitions in the French market during 2012 and early 2013 to re-invest the proceeds from EUR 450 mln in net sales there over 2011.
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).
