Most European real estate investors (55%) expect an annualised return of 3-5% on new real estate investments, according to Union Investment’s survey of 134 property companies and institutional real estate investors in Germany, France and the UK.
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).
