Phoenix Group, the UK’s largest long-term savings and retirement business, has provided a £58 mln (€67 mln) long term financing package, arranged by Macquarie Asset Management, to support a JV between Bromley Council in Greater London and Pinnacle for the planned acquisition of more than 200 affordable homes.
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).
