German commercial property company VIB Vermögen said on Monday it has further expanded its real estate portfolio with the purchase of four newly built properties for a total investment volume of around EUR 22.5 mln. The transactions will generate additional annualised net rental income of EUR 1.6 mln.
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).
