Supermarket Income REIT buys Tesco store for £61m
Supermarket Income REIT, the UK supermarket real estate investment trust, has acquired the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for £61.0 million (excluding acquisition costs), reflecting...
Prime London mixed-use property on Regent Street sold for £52m
The Great Ropemaker Partnership (GRP), a 50:50 joint venture managed by Great Portland Estates plc (GPE), has completed the disposal of its short leasehold...
Savills IM buys distribution centre in the Netherlands
International real estate investment manager Savills Investment Management (Savills IM) has acquired the Rapid Logistics distribution centre in the Schiphol Trade Park, Netherlands, in an...
KGAL buys mixed-use project in Munich for €250m
Germany based KGAL Investment Management has acquired a mixed-use project, the Perlach Plaza development, in Munich for €250 million from the project‘s developers, CONCRETE...
URW issues €750m bond under green financing framework
Unibail-Rodamco-Westfield (URW) has priced a €750 million green bond with a 7-year maturity, marking a significant step in the Group’s ongoing financing strategy.
The bond,...
Mapfre, Swiss Life co-investment fund buys Paris office property
A real estate co-investment vehicle formed by Mapfre and entities of the Swiss Life Group has added a Paris office building to its portfolio....
Blackstone’s logistics real estate company buys industrial scheme for £14m
Fiera Real Estate and Wrenbridge has sold prime industrial scheme Hawkers Yard in Ruislip for over £14m to Blackstone's pan-European last mile logistics real...
Sofidy expands Spanish retail portfolio with Imaginalia acquisition
Sofidy has announced the acquisition of the “Imaginalia” retail park in Albacete on behalf of its SCPI vehicles Immorente, Sofidy Europe Invest, and Sofidynamic,...
Breakthrough Properties unveils plans for Cambridge R&D facility
Global life science real estate development company Breakthrough Properties has unveiled development plans for Vitrum by Breakthrough, a five-story, 132,588-square-foot research and development facility at St...
Supermarket Income REIT buys Tesco supermarket in Bracknell for £39.5m
Supermarket Income REIT has acquired a Tesco supermarket in Bracknell from a client of CBRE Global Investors for £39.5 million, reflecting a net initial yield of 5.7%.
Developed in...
Workspace faces activist push from Saba Capital over board changes
Workspace Group PLC said on Friday it had received a requisition notice from shareholder Saba Capital Management seeking sweeping board changes ahead of the...
Joint venture snaps up Liverpool’s Royal Albert Dock
Real estate developer General Projects and global investment company Neo Capital have acquired Liverpool’s Royal Albert Dock, one of the UK’s most iconic landmarks,...
