Supermarket Income REIT pays £34.7m for Staffordshire Tesco store
Supermarket Income REIT has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for £34.7 million (excluding acquisition costs), reflecting a net initial yield of 7.5%. The acquisition...
NewRiver names Lynn Fordham as chair designate
NewRiver REIT has named Lynn Fordham as the new independent non-executive director and chair designate, effective March 21, 2024. She will also join the...
Tritax Big Box and UKCM strike deal for all-share merger
Tritax Big Box REIT (BBOX) and UK Commercial Property REIT (UKCM) have announced their agreement on a recommended all-share combination. This agreement will see BBOX take over the entire...
Singapore’s FLCT to buy 89.9% interest in German logistics portfolio
Singapore-listed real estate investment trust (REIT) Frasers Logistics & Commercial Trust (FLCT) has entered into a share purchase agreement with subsidiaries of Frasers...
ECB becomes anchor tenant in CapitaLand’s Frankfurt building
Singapore-listed CapitaLand Integrated Commercial Trust Management Limited (CICTML) and CapitaLand Investment Limited (CLI) have secured the European Central Bank (ECB) as the new anchor...
LondonMetric completes merger with LXi REIT
LondonMetric Property hass announced the completion of the merger with LXi REIT plc, as the Scheme of Arrangement became effective on March 5, 2024. Concurrently,...
UKCM sells Bristol office building for £14.5m
UK Commercial Property REIT has sold its 67,000 sq ft office building in Temple Quay, Bristol, to Tri7, a real estate investment and asset...
LXi completes £210m sale of 66 Travelodge hotels
LXi REIT, following its announcement of 8 January 2024, the company has completed on the sale of 66 Travelodge branded hotels to the...
Bankinter and Sonae Sierra launch German retail real estate investment vehicle
Bankinter Investment SGEIC, Bankinter’s alternative investment management company, and Sonae Sierra, a fully vertically integrated multinational real estate player, have launched ORES Germany, a...
Segro reports 12.5% surge in net rental income for 2023
UK Real Estate Investment Trust (REIT) Segro has reported a resilient financial performance, reporting growth in rents, earnings, and dividends for the fiscal year ending...
