Supermarket Income REIT pays £73m for Sainsbury’s and Tesco stores
Supermarket Income REIT has acquired a Sainsbury's supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited...
Cromwell European REIT to buy three logistics properties in UK, Netherlands
Cromwell European REIT has agreed to acquire three light industrial / logistics properties in Spennymore, Durham, North East England, the UK, in De Immenhorst...
LondonMetric signs grocery lettings totalling 67,000 sq ft
LondonMetric Property has signed three new grocery lettings totalling 67,000 sq ft in Ashford, Totton and Tonbridge.
The lettings will generate £1.2 million of...
LondonMetric buys two urban logistics properties for £29m
LondonMetric has paid £28.8 million for two urban logistics properties, reflecting a blended yield of 4.5% and a reversionary yield of 5.0%.
Londonmetric said the...
SL Green sells office condominium at 609 Fifth Avenue for $100.5m
SL Green Realty has sold a vacant office condominium at 609 Fifth Avenue to a domestic investor for $100.5 million.
609 Fifth Avenue is...
Hudson Pacific expands studio business with $360m acquisition
Hudson Pacific Properties has expanded its studio business with the acquisition of Quixote Studios, a provider of sound stages and production services to the entertainment industry,...
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...
SL Green sells stake in NYC building to Japan’s Mori Trust
SL Green Realty has sold a 49.9% interest in 245 Park Avenue in New York City to a U.S. affiliate of Japanese firm Mori...
Home REIT sells 137 properties for £23m
Home REIT has sold further 137 properties, representing 5.6% of the REIT's portfolio by number, for £22,8m with completion expected in approximately one month's time.
The...
Realty Income strikes €527m pan-European sale-leaseback deal with Decathlon
Realty Income Corporation has revealed a sale-leaseback transaction encompassing 82 retail properties leased to affiliates of Decathlon SE, one of the world's leading sports...
Marcus Sperber joins SEGRO as non-executive director
SEGRO has appointed Marcus Sperber as an independent Non-Executive Director with effect from 1 May 2024.
Marcus Sperber is a Fellow of the Royal Institution...
Abrdn Property Income Trust sells office asset in Manchester
Abrdn Property Income Trust has sold an office asset in Manchester for £4.3m.
This sale price reflects a 2.3% decrease from the asset's June 2024...
