Only 135,000 apartment building permits were approved in Germany during H1 2023, a decline of 27.2% from the same period in 2022. The drop was even more pronounced in June, with 28.5% fewer permits issued for apartments, for a total of 21,800.
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).
