Aldi to grow UK retail estate with 100 new stores in next two years
Supermarket giant Aldi plans to invest £1.3 billion over the next two years (2022-2023) in a bid to further accelerate its share of the...
Landsec sells two retail parks for £54.3m
Landsec has sold two retail parks, Derwent Howe Retail Park and Blackpool Retail Park, for £54.3 million, representing an average 15% premium to the...
Realty Income closes €93m sale-leaseback transaction with Carrefour
Realty Income has completed a €93 million sale-leaseback transaction in Spain, consisting of seven properties under long-term net lease agreements with Carrefour and its real...
Supermarket Income REIT announces six acquisitions for £113m
Supermarket Income REIT has acquired six supermarkets for £113.1 million, reflecting a combined net initial yield of 4.6%. Acquired from different vendors, the purchases...
Aviva Investors sells UK public house portfolio for £20m
Aviva Investors has sold eight freehold public houses strategically located across the UK for over £20 million. CBRE has advised the company on the sale of...
UK Commercial Property REIT acquires Trafford Retail Park for £33m
UK Commercial Property REIT has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million. Constructed in 1999, the c. 12 acre site...
LondonMetric buys grocery-led property in West London for £18m
LondonMetric has acquired a grocery-led property in South Ruislip, West London, for £18.0 million. The 41,000 sq ft building is let to Aldi and B&M...
Sainsbury’s to buy back 13 stores from joint venture portfolio
Supermarket Income REIT announced Sainsbury’s exercised a purchase option to acquire 13 stores from its Reversion Portfolio. A joint venture between British Airways Pension Trustees...
Patrizia sells German retail park portfolio
Patrizia has sold a portfolio of retail parks located across Western Germany, on behalf of clients, to MEAG, the asset manager for Munich Re...
LaSalle buys Class A retail, trophy office and land in Canada
LaSalle Investment Management's LaSalle Canada Property Fund has acquired a portfolio of properties in Montreal and Vancouver from Ivanhoé Cambridge. The portfolio includes: -A...
