German investment manager Deka Immobilien has entered into a joint venture with Antwerp-based VGP after securing a 50% stake in a logistics portfolio in Germany with a total value of around €1.12 bn from the Belgian firm.
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).
