Tag: uk commercial property
St. Modwen Logistics adds West Bromwich assets to urban portfolio
Blackstone portfolio company St. Modwen Logistics has purchased c.150,000 sq ft of prime urban logistics estate comprising four units in West Bromwich. The assets are...
ARA Asset Management acquires Regional REIT’s asset manager
Singapore-based global real asset manager ARA Asset Management has acquired a majority shareholding stake in Regional REIT's asset manager, London & Scottish Property Investment Management. Regional REIT is...
Blackstone agrees to buy Industrials REIT for £511m
Sussex Bidco LP, a newly-formed limited partnership indirectly owned by investment funds advised by affiliates of Blackstone, has agreed to acquire UK-listed commercial property...
Nuveen Real Estate buys self-storage portfolio in UK
Nuveen Real Estate has acquired a self-storage portfolio in the UK from Easistore on behalf of its European value add strategy. The portfolio, which...
St. Modwen Logistics to develop second phase of Derby park
St. Modwen Logistics has invested almost £60m to develop an additional c. 350,000 sq ft of new warehouse space at St. Modwen Park Derby. Due...
Blackstone to acquire Industrials REIT for £700m
US private equity giant Blackstone has agreed to acquire UK-listed commercial property company Industrials REIT for £700 million. Industrials REIT and Blackstone, following a period...
Planning permission granted for Landsec’s Camden mixed-use scheme
Landsec has received planning permission from Camden Council for its O2 Centre Masterplan in the heart of Finchley Road, North West London. The O2 Centre...
Aviva Investors snaps up two retail assets in southern England
Aviva Investors has completed the purchase of two retail assets in the south of England. The company acquired Hedge End Retail Park in Southampton and...
LondonMetric sells five distribution warehouses for £35m
LondonMetric Property has agreed to sell five distribution warehouses in two transactions for £34.8 million, reflecting a NIY of 5%. Four of the assets have...
Malaysia’s Gamuda, Castleforge buy Deutsche Bank’s UK HQ for £257m
A joint venture between Malaysian construction firm Gamuda Bhd and UK-based real estate private equity investor Castleforge has acquired Winchester House London, the current UK...
