LondonMetric sells retail assets to Realty Income for £40.9m
LondonMetric Property Plc has sold a portfolio of retail assets to Realty Income, an S&P 500 US REIT, for £40.9 million, reflecting a blended...
RPT Realty announces new net lease retail real estate platform
RPT Realty has formed a new core net lease retail real estate platform with co-investors GIC Private Limited, Zimmer Partners and Monarch Alternative Capital LP. GIC,...
Supermarket Income REIT announces first acquisition in Wales
Supermarket Income REIT plc has acquired a Tesco supermarket in Prestatyn, North Wales from Ediston Property Investment Company for £26.5 million, representing a net initial yield of 5.3%. It...
Link REIT buys 50% interest in Shanghai shopping mall for $429m
Hong Kong-listed Link Real Estate Investment Trust (Link REIT) announced Wednesday that it has agreed to acquire 50% interest in Qibao Vanke Plaza, a...
Blackbrook buys convenience store portfolio in Spain
European real estate investment firm Blackbrook Capital has acquired a portfolio of 22 convenience grocery stores in Spain from public real estate company Lar...
IKEA’s shopping malls arm Ingka Centres enters Indian market
Swedish home furnishings retailer IKEA’s shopping malls business Ingka Centres has entered the Indian market by acquiring a major land in Uttar Pradesh, India. The 47,833...
JV buys The Moor in Sheffield for £41m
NewRiver REIT and its joint venture partner RAVO Strategies III LLC have agreed to acquire The Moor, a 28 acre estate in Sheffield city...
Grosvenor agrees to sell shopping center in Stockholm
Grosvenor Europe has agreed to sell Haninge Centrum, a shopping center in Stockholm, Sweden, on behalf of the Grosvenor European Retail Partnership (GERP) fund,...
Swiss chocolate company to open 34 stores in U.S
Switzerland-based chocolate company Läderach – Chocolatier Suisse has signed an asset purchase agreement allowing it to take over the leases of 34 Godiva locations across the United States. ''Although the parties have...
Supermarket Income REIT increases its stake in Sainsbury’s portfolio
Supermarket Income REIT plc has acquired a further stake in the beneficial interest in Sainsbury’s Reversion portfolio, one of the UK's largest portfolios of supermarket...