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 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 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
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
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
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
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, 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 has agreed to sell its 63,170 sq ft freehold interest in 19 Charterhouse Street, EC1 for £54m. The purchaser is a family office...
Supermarket Income REIT buys additional stake in Sainsbury’s portfolio
Supermarket Income REIT has increased its stake in Sainsbury's Reversion Portfolio to 51% by acquiring British Airways Pension Trustees' 25.5% beneficial interest for £196...
