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EG Group sells convenience store portfolio in US for $1.5bn

EG Group sells convenience store portfolio in US for $1.5bn

UK-based independent convenience retailer EG Group has agreed to sell a portfolio of its sites on the east coast of the U.S. to Realty Income Corporation, an...
LondonMetric divests seven assets for £34m

LondonMetric divests seven assets for £34m

LondonMetric Property has sold seven long income assets for £33.9 million (LondonMetric share: £29.6 million), reflecting a blended NIY of 4.5% and crystallising a...
Tritax Big Box divests three assets for £125m

Tritax Big Box divests three assets for £125m

Tritax Big Box REIT has agreed to sell three logistics warehouse assets for a net consideration of £125 million, reflecting a blended net initial yield...
Supermarket Income REIT appoints Sapna Shah as non-executive director

Supermarket Income REIT appoints Sapna Shah as non-executive director

Supermarket Income REIT has appointed Sapna Shah as an independent non-executive director of the company with immediate effect. Sapna Shah has 20 years of investment...
Virgin Media O2 signs lease for new HQ at British Land's Paddington Central

Virgin Media O2 signs lease for new HQ at British Land’s Paddington Central

British Land has signed an agreement to lease 83,000 sq ft of space over seven floors to Virgin Media O2 at 3 Sheldon Square,...
UKCM secures new lettings at Hertfordshire industrial estate

UKCM secures new lettings at Hertfordshire industrial estate

UK Commercial Property REIT (UKCM) has secured new leases on 116,200 sq ft of space comprising two units, B and 7, at its Ventura Park...
GIC, Oak Street complete $15bn Store Capital acquisition

GIC, Oak Street complete $15bn Store Capital acquisition

Singapore’s sovereign wealth fund GIC and real estate investment firm Oak Street have completed the previously announced acquisition of all of the outstanding shares of...
University of California to invest additional $500m in Blackstone REIT

University of California to invest additional $500m in Blackstone REIT

The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) and Blackstone announced an expansion of their long-term...
Urban Logistics pays £48m for five assets

Urban Logistics pays £48m for five assets

Urban Logistics, the last mile logistics focused REIT, has bought five assets for a total consideration of £48 million at a net initial yield...
Derwent London sells office building in 19 Charterhouse Street for 54m

Derwent London sells office building in 19 Charterhouse Street for £54m

Derwent London has agreed to sell its 63,170 sq ft freehold interest in 19 Charterhouse Street, EC1 for £54m. The purchaser is a family office...

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