German property investor WealthCap has signed a preliminary agreement with an unnamed buyer to sell the Gropius Passegen in Berlin for a total of EUR 341 mln. The 85,000 m[sup]2[/sup] scheme in the city's Neukölln district is owned by WealthCap's closed-end HFS Immobilien Deutschland 11 fund.
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).
