LondonMetric sells ten non-core properties for £74m
LondonMetric Property has divested ten non-core properties for a total consideration of £74.2 million (LondonMetric share: £69.4 million) and reflecting a NIY of 6.9%.
The...
Segro-led SELP issues €500m bond to refinance debt
Segro, serving as venture adviser to the Segro European Logistics Partnership (SELP) joint venture, has announced the pricing of a €500 million senior unsecured...
Cromwell European REIT rebrands to Stoneweg European REIT
Effective January 2, 2025, the Cromwell European Real Estate Investment Trust (CEREIT) has officially rebranded as the Stoneweg European Real Estate Investment Trust (SERT)....
Icona and Stoneweg take over Cromwell’s European platform
Icona Capital and Stoneweg have completed the landmark acquisition of Cromwell Property Group's European fund management platform and associated co-investments.
This includes a 27.8%...
Regional REIT appoints David Hunter as chair designate
The Board of Regional REIT has announced the appointment of David Hunter as an Independent Non-Executive Director and Chair designate, effective 2 January 2025....
Landsec secures 92% ownership of Liverpool ONE for £490m
Landsec has announced the acquisition of a 92% stake in Liverpool ONE shopping centre, one of the UK’s premier shopping destinations.
The stake was...
AEW UK REIT sells units in Coventry’s Central Six Retail Park
AEW UK REIT has completed the sale of units 1-11 of Central Six Retail Park, Coventry, for £26,250,000, reflecting a net initial yield of 7.49% and a capital...
Regional REIT cuts debt with £33.4m early paydown
Regional REIT The Regional REIT has announced the early repayment of £33.4m of debt, ahead of schedule, reducing its borrowings to £319.9m.
The repayment...
TR Property makes first acquisitions since 2015 with two industrial units
British investment trust TR Property has completed the acquisition of two industrial units in Northampton and Bicester, marking its first purchases in nearly a...
Urban Logistics launches £7.5m share buyback programme
London-listed Urban Logistics REIT has announced its intention to commence a discretionary share buyback programme with a maximum aggregate consideration of up to £7.5...
Supermarket Income REIT pays £50m for Huddersfield Sainsbury’s store
Supermarket Income REIT has acquired a Sainsbury's omnichannel supermarket in Huddersfield, West Yorkshire, for £49.7 million, reflecting an attractive net initial yield of 7.6%.
The...
LondonMetric divests 24 non-core assets for £58m
LondonMetric Property Plc has disposed of 24 properties across various non-core sectors, generating a total consideration of £57.9 million.
The transactions reflect a 6%...
