Frankfurt-based fund manager Universal-Investment plans to enter the institutional property fund market and is targeting a 15% market share in the mid-term, representing some EUR 4.5 bn in German property special funds.
Frankfurt-based fund manager Universal-Investment plans to enter the institutional property fund market and is targeting a 15% market share in the mid-term, representing some EUR 4.5 bn in German property special funds.
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).