LondonMetric sells five distribution warehouses for £35m
LondonMetric Property has agreed to sell five distribution warehouses in two transactions for £34.8 million, reflecting a NIY of 5%. Four of the assets have...
AEW UK REIT acquires retail warehousing unit in Preston
AEW UK REIT has purchased a freehold solus retail warehousing unit in Bamber Bridge, Preston for £6,450,000, reflecting a low capital value of £110 per sq ft and an attractive net...
LondonMetric sells multi-let industrial portfolio for £46m
LondonMetric Property has sold a portfolio of three multi-let industrial estates for £46 million, which reflects a NIY of 5.8%. The disposal is slightly...
Supermarket Income REIT refinances debt with £87m loan
Supermarket Income REIT has refinanced its existing loan facilities with Bayerische Landesbank (BLB) with a new three year £86.9 million term loan. This secured, interest-only, loan replaces the three...
Supermarket Income REIT completes sale of Sainsbury’s portfolio interest
Supermarket Income REIT has completed the the sale of its interest in the Sainsbury's Reversion Portfolio. The company has therefore received £279.3 million in respect of the...
Schroder European REIT buys industrial warehouse in Alkmaar
Schroder European Real Estate Investment Trust has acquired, via a sale and leaseback, a freehold industrial warehouse in Alkmaar, the Netherlands, for €11 million,...
Supermarket Income REIT sells Sainsbury’s portfolio interest for £431m
Supermarket Income REIT has exchanged contracts to sell its interest in the Sainsbury's Reversion Portfolio (SRP Portfolio) to Sainsbury's for £430.9 million. The sale completes the...
British Land JV plans 300,000 sq ft life sciences building at Canada Water scheme
British Land and AustralianSuper have appointed Stanton Williams to design a 300,000 sq ft life sciences building as part of the second phase of...
Workspace sells residential scheme in Wandsworth for £54m
London-based flexible office space provider Workspace Group has sold the residential component of the Riverside mixed-use redevelopment in Wandsworth, SW18, for £53.95m. £43.95m is payable...
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...