Supermarket Income REIT pays £34.7m for Staffordshire Tesco store
Supermarket Income REIT has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for £34.7 million (excluding acquisition costs), reflecting a net initial yield of 7.5%.
The acquisition...
Stoneweg and Pictet expand Dutch logistics platform with two acquisitions
Stoneweg and Pictet Alternative Advisors (PAA) have expanded their Dutch last-mile logistics platform, Axis, with the acquisition of two additional assets in Zwolle and...
TikTok leases new office building in London
TikTok, the social media platform owned by Chinese company ByteDance, has leased the whole of Kaleidoscope, the new 88,500 sq ft office building in...
VICI Properties to acquire MGM Growth Properties for $17.2bn
VICI Properties is acquiring MGM Growth Properties LLC for $17.2 billion.
VICI Properties, MGM Growth Properties LLC and MGM Resorts International, MGP’s controlling shareholder, have...
URW sells shopping centre in US for $220m
Paris-based commercial real estate company Unibail-Rodamco-Westfield (URW) has sold the Westfield Brandon shopping centre, located in Brandon, Florida, for $220m.
The sale price of $220m...
Nrep expands Swedish residential portfolio with Uppsala deal
Nrep has strengthened its presence in Sweden’s residential market with the acquisition of 231 rental apartments in Årsta, Uppsala.
The SEK 485 million transaction,...
Lendlease and Crown Estate submit plans for 2,000 homes at Stratford Cross
Lendlease and The Crown Estate have submitted plans to the London Borough of Newham for the final phase of development at Stratford Cross, proposing...
ActivumSG sells prime land in Madrid for €400m data centre development
ActivumSG has announced the sale of a prime powered land site in Madrid, Spain, to Edgnex, the data centre arm of Damac Group.
The...
Patrizia acquires historic Postbahnhof building in Berlin
Patrizia has acquired the historic Postbahnhof building in Berlin, Germany, in an off-market transaction, which will see it transformed into a vibrant new district,...
Lendlease sells JV stake in A$1.2bn North Sydney tower project
Lendlease has sold a 25 per cent joint venture interest in the Victoria Cross Over Station Development Tower which is expected to have an...
Hines fund acquires logistics portfolio in Prague
Hines has acquired a portfolio of four logistics assets, spanning a total of 65,960 square metres, in Prague.
The portfolio was acquired from CPI Property...
Dar Global and Trump Organization launch $1bn mega-development in Jeddah
Dar Global, the London-listed international luxury real estate developer, has unveiled plans for Trump Plaza Jeddah, marking its second collaboration in the city with...
