German lender Westdeutsche ImmobilienBank (WestImmo) has agreed to support the roll out of Europa Capital and M7's Light Industrial Property Partnership (Lipp). WestImmo has initially provided funding for Lipp's first acquisitions of four industrial estates in Milton Keynes, Didcot, Basildon and Tewkesbury, for about £20 mln (EUR 22 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).
