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...
LondonMetric sells grocery asset in Liverpool for £10.2m
LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%.
The 29,000 sq ft asset was acquired in 2014 for £8.1...
Vornado to sell five Manhattan retail properties for $184.5m
Vornado Realty Trust has entered into agreements to sell five Manhattan retail properties for $184.5 million.
The Manhattan retail properties, located at 677...
Ivanhoé Cambridge, JLL announce agreement for Canadian retail operations
Ivanhoé Cambridge has signed an agreement with JLL for the operations of its retail properties across Canada.
On October 1, 2021, Ivanhoé Cambridge will transition the...
