LondonMetric sells retail assets, acquires urban warehouses
LondonMetric Property has sold seven properties in separate transactions for £31.3 million, reflecting a blended NIY of 7.0% and a 3% profit over prevailing...
Evolve Estates adds two prime retail assets to portfolio
Evolve Estates, part of the commercial property and investment collective M Core, has acquired two prime retail assets in Farnham and Teddington.
The assets total...
AEW UK REIT sells units in Coventry’s Central Six Retail Park
AEW UK REIT has completed the sale of units 1-11 of Central Six Retail Park, Coventry, for £26,250,000, reflecting a net initial yield of 7.49% and a capital...
Supermarket Income REIT enters £403m joint venture with Blue Owl
Supermarket Income REIT has entered into a strategic joint venture with funds managed by Blue Owl Capital, a U.S.-based alternative asset manager with over...
Newcastle Shopping Park changes hands in £40.5m transaction
Orchard Street Investment Management, acting on behalf of a pension fund client, has completed the acquisition of Newcastle Shopping Park, a dominant foodstore-anchored retail...
Redevco adds three Spanish assets to pan-European retail parks fund
Redevco has acquired three retail parks in Spain for its Redevco European Retail Parks (RERP) Fund, marking a rapid expansion of its Iberian footprint...
Union Investment, Nuveen sell Manhattan retail asset to Stockbridge
Union Investment and Nuveen Real Estate have sold the retail property at 1511 Third Avenue on Manhattan’s Upper East Side to U.S. real estate...
Landsec to acquire Metrocentre shopping centre in £516m deal
Landsec has exchanged contracts to acquire a 100% stake in Metrocentre in Gateshead from Tynehawk Holdings (Jersey) Limited for a net cash consideration of...
Savills IM acquires two outlet centres for €300 mln in France
Savills Investment Management has acquired two McArthurGlen designer outlet centres in France.The properties are located in Troyes and Roubaix.
The assets were acquired from real...
Metro Properties sells 11 Cash & Carry stores in CEE region
Metro Properties, the real estate company of METRO AG, has sold 11 Cash & Carry stores in Poland, Hungary and Czech Republic in a...
URW, Crédit Agricole, La Française to form partnership for €2bn shopping centre portfolio
Unibail-Rodamco-Westfield (URW) has received binding offers from a consortium of leading French investors comprised of Crédit Agricole Assurances and La Française (collectively, the Consortium)...
Deutsche Investment launches food retail asset fund
Hamburg-based Deutsche Investment has launched its first investment fund in the food retail asset class, “Deutsche Investment – Food Retail I,” fund which...
