Newcore pays £30m for East London supermarket asset

Newcore pays £30m for East London supermarket asset

UK social infrastructure real estate specialist Newcore Capital has acquired a 5.6-acre supermarket investment in Bromley-by-Bow, East London, from British Land for £30m. The site,...
LondonMetric appoints Sandy Gumm as non-executive director

LondonMetric appoints Sandy Gumm as non-executive director

LondonMetric Property Plc has announced the appointment of Sandy Gumm as a Non-Executive Director to the Board of Directors, effective March 27, 2024. Sandy Gumm is...
Stockholm office building sells for €62m

Stockholm office building sells for €62m

Union Investment has completed the profitable sale of the renowned Stockholm office building, Sthlm Hub, also known as Uggleborg 14, to Swedish property investor...
Ashfield Land buys logistics development site in Leicestershire

Ashfield Land buys logistics development site in Leicestershire

Ashfield Land has acquired 40 acres of land to the west of Shawell in Leicestershire with the potential for high quality distribution/logistics development. The...
ASLI sells 30,180 sqm warehouse in France for €17.5m

ASLI sells 30,180 sqm warehouse in France for €17.5m

Abrdn European Logistics Income plc (ASLI) has sold a 30,180 sqm warehouse in Meung sur Loire, France, to Castignac for €17.5 million. The disposal...
Logicor expands presence in Sweden with two logistics land plots acquisition

Logicor expands presence in Sweden with two land plots acquisition

Logicor has purchased two greenfield land plots in key logistics hubs in Sweden. These acquisitions, aimed at creating over 100,000 sqm of new logistics space,...
AEW acquires logistics asset in Hanover for pan-European core fund

AEW acquires logistics asset in Hanover for pan-European core fund

AEW has completed the off-market acquisition of a newly built and fully let logistics asset in Hanover-Sehnde, in Germany, on behalf of its open-ended...
Investec launches UK real estate equity strategy

Investec’s real estate equity strategy targets £250m deployment in two years

Investec has launched Investec REALIS, a new real estate equity strategy designed to provide global investors with direct access to institutional-grade UK real estate...

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REIT

LondonMetric appoints Sandy Gumm as non-executive director

LondonMetric Property Plc has announced the appointment of Sandy Gumm as a Non-Executive Director to the Board of Directors, effective March 27, 2024. Sandy Gumm is...

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...

FINANCE

Native Land secures £18.5m funding for mixed-use development in Guildford

Native Land has secured an £18.5 million funding arrangement with Grosvenor for St Mary’s Wharf, a transformational 200,000 sq ft mixed-use development on brownfield...

ARA Venn provides £74.5m loan to EMH for over 400 new affordable homes

ARA Venn, part of ESR Group and an investment manager focused on European residential real estate, has announced the funding of a new £74.5...

CAREERS

LondonMetric appoints Sandy Gumm as non-executive director

LondonMetric appoints Sandy Gumm as non-executive director

LondonMetric Property Plc has announced the appointment of Sandy Gumm as a Non-Executive Director to...
Zayed R. Alzayani becomes chairman of Roebuck

Zayed R. Alzayani becomes chairman of Roebuck

Bahrain-based investment group GFH Financial Group has appointed Zayed R. Alzayani as Chairman of the...
Angus Potterton becomes new head of Savills France

Angus Potterton becomes new head of Savills France

Savills has announced that Boris Cappelle, who has served as Chairman & CEO of Savills...
Savills announces 14 promotions across West Midlands

Savills announces 14 promotions across West Midlands

International real estate advisor Savills has announced fourteen promotions across its Birmingham and Telford offices,...
Amanda James joins British Land as non-executive director

British Land names Amanda James as non-executive director

British Land has named Amanda James as a Non-Executive Director, with effect from 1st July 2024....

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