Blackstone agrees to buy Industrials REIT for £511m
Sussex Bidco LP, a newly-formed limited partnership indirectly owned by investment funds advised by affiliates of Blackstone, has agreed to acquire UK-listed commercial property...
Industrials REIT sells interest in German care home joint venture
UK-listed multi-let industrial (MLI) property company Industrials REIT has sold its interest in a German care home joint venture. The deal completes Industrials REIT's...
Blackstone to acquire Industrials REIT for £700m
US private equity giant Blackstone has agreed to acquire UK-listed commercial property company Industrials REIT for £700 million. Industrials REIT and Blackstone, following a period...
Warehouse REIT divests two distribution assets for £29.5m
Warehouse REIT has completed the sale of two distribution assets totalling 269,000 per sq ft for £29.5 million, generating an ungeared IRR of 9%. The...
Planning permission granted for Landsec’s Camden mixed-use scheme
Landsec has received planning permission from Camden Council for its O2 Centre Masterplan in the heart of Finchley Road, North West London. The O2 Centre...
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...
