LXi REIT divests St Albans retail park for £31m
LXi REIT has sold a retail park in St Albans to a UK institution for £31 million, equating to a net initial yield of 4.7%. The property is let...
Blackstone breaks ground on new European headquarters in London
Construction has commenced on Blackstone's new 226,000 sq ft European headquarters at the historic Berkeley Square in London, the site of the former Lansdowne...
Goodman, CPP Investments, APG commit £900m of equity to UK logistics partnership
Goodman Group, Canada Pension Plan Investment Board (CPP Investments) and APG Asset Management N.V. (APG) have each committed an additional £300 million of equity to investment vehicles in...
British Land signs first pre-let at Canada Water
British Land announced that, following confirmation in May that planning has been secured at Canada Water, it has completed the drawdown of the 500-year...
LondonMetric buys grocery-led property in West London for £18m
LondonMetric has acquired a grocery-led property in South Ruislip, West London, for £18.0 million. The 41,000 sq ft building is let to Aldi and B&M...
Valor acquires urban logistics estate in Crawley for £15m
Valor Real Estate Partners has acquired a 54,000 sq ft three-unit urban logistics estate in Crawley, adjacent to Gatwick Airport, for £15 million, from...
Hines buys four multi-let industrial estates for £41m
LondonMetric Property has sold a portfolio of four multi-let industrial estates to Hines for £40.5 million, reflecting a NIY of 6.2%. The estates total 435,000...
Deka sells London office building to CBRE GI for £265m
Deka Immobilien has sold an office building, Atlantic House, from the portfolio of the Deka-ImmobilienGlobal open-ended real estate fund, in London to CBRE Global...
Iain Murray joins Bidwells as head of operational living
Bidwells has made a strategic move to strengthen its position in the burgeoning operational living market. The company announced the appointment of experienced operational...
PGIM buys UK single-family housing portfolio from Goldman Sachs
PGIM Real Estate has acquired a large portfolio of UK single-family homes located in Manchester and Liverpool from Goldman Sachs Asset Management. The acquisition has...
