Legal & General Property (LGP) has completed the acquisition of a portfolio of three supermarket stores, located in Quinton, Ludlow and Market Deeping, in the Midlands, in an off market sale and leaseback transaction with Tesco Stores Limited. The portfolio was acquired on behalf of the Legal & General UK Property Unit Trust for circa £46.6 mln (EUR 54 mln).
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
