Tritax Big Box sells logistics asset for £84m
Tritax Big Box REIT has agreed to sell a logistics asset let to Howdens in Raunds, UK, for £84.3 million, reflecting a net initial...
Urban Logistics secures £57m sustainable transition loan from Aviva Investors
Aviva Investors has provided an additional £57 million in sustainable transition financing to Urban Logistics REIT. The new loan, a nine-year facility, is secured against...
P3 acquires two logistics assets in UK
P3 Logistic Parks, headquartered in Prague, has entered the United Kingdom market via the acquisition of two logistics assets from Segro, totalling 81,000 sqm...
Lar España sells two retail parks in Spain for €129m
Spanish real estate firm Lar España has completed the sale of the Rivas Futura and Vistahermosa retail parks, comprising a total of 70,210 square...
British Land appoints Amanda Mackenzie as non-executive director
British Land has appointed Amanda Mackenzie as a Non-Executive Director, with effect from 1 September 2023. Mackenzie will join the Remuneration and ESG Committees...
Blackstone to sell self-storage platform for $2.2bn
Blackstone Real Estate Income Trust (BREIT) has agreed to sell Simply Self Storage to Public Storage in the United States for $2.2 billion. The portfolio...
British Land gets green light for multi-level London logistics hub
British Land has received planning permission for a 455,000 sq ft multi-level logistics hub at Heritage House, Enfield. According to the company, the site,...
AEW UK REIT acquires mixed-use asset in York for £10m
AEW UK REIT has purchased freehold, mixed-use asset in York city centre for £10m, reflecting an attractive net initial yield of 9.3%. The 99,769 sq ft asset is multi-let to...
British Land lets 48,000 sq ft at The Priestley Building in Guildford
British Land has let 48,000 sq ft of lab-enabled space to leading global life science company LGC at The Priestley Building, a highly sustainable...
LondonMetric sells five urban assets for £43m
LondonMetric Property has agreed to sell five urban assets for £42.8 million, reflecting a NIY of 4.5%. The combined sales are in line with...