Tag: uk commercial property
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...
Kennedy Wilson to add new industrial units to UK portfolio
Development has commenced at two new industrial units totaling more than 250,000 square feet at Vaughan Park, a 28-acre industrial estate in the Black...
Clarion Partners pays £52m for two warehouses in UK
Clarion Partners Europe has acquired two distribution warehouses, totalling 438,444 sq ft, in Peterborough, UK, for £52 million from Equites Property Fund.. The investments represent...
LondonMetric sells multi-let industrial portfolio for £46m
LondonMetric Property has sold a portfolio of three multi-let industrial estates for £46 million, which reflects a NIY of 5.8%. The disposal is slightly...
Supermarket Income REIT completes sale of Sainsbury’s portfolio interest
Supermarket Income REIT has completed the the sale of its interest in the Sainsbury's Reversion Portfolio. The company has therefore received £279.3 million in respect of the...
KGAL sells London office building to Japan’s Obayashi
KGAL Investment Management has sold 60 Gracechurch Street, an office building in the City of London, to Obayashi Properties UK, a wholly owned subsidiary...