Investment firm WP Carey & Co. announced on Tuesday that it completed more than $340 mln (EUR 235 mln) of property investments in the first quarter of 2011. The transactions involved 15 facilities comprising more than 2 million m[sup]2[/sup]. The facilities were acquired on behalf of the firm's publicly-held, non-traded REIT affiliates.
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).
