UK REIT LondonMetric Property has agreed the sale of five assets for £42.8 mln (€50 mln), reflecting a net initial yield of 4.5%. The sales are in line with the 31 March 2023 book value, the vendor said.
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).
