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Verdion to develop £300 logistics scheme in Doncaster

Verdion has announced a £300 million speculative development programme to deliver all remaining warehouse capacity at iPort, the 6 million sq ft multimodal logistics...

Barings signs forward-funding deal for UK logistics asset

Barings has signed a forward-funding deal for the development of a Grade A logistics asset in Omega Business Park, in the northwest of England, UK. The...

Supermarket Income REIT adds Wales Tesco store to portfolio

Supermarket Income REIT has acquired a Tesco store in Llanelli, South Wales, for £66.8 million, reflecting a net initial yield of 5.3%. The store was developed...

Asda to buy 132 convenience stores from Co-op in £600m deal

Asda has agreed to acquire 132 convenience stores from The Co-operative Group (Co-op) for £600 mllion. Asda said the acquisition is as part of its...

Abrdn sells stake in Bournemouth shopping centre

Delancey and Columbia Threadneedle Investments have acquired a 50% stake in Castlepoint Shopping Park from Abrdn, taking full ownership of the property. Post acquisition, both Delancey and Columbia Threadneedle...

Whitbread acquires prime freehold property in central London

Whitbread PLC has acquired a prime freehold property on the Strand in central London, located just off Trafalgar Square.  Subject to planning, 5 Strand will become the...

Fiera Real Estate makes first acquisition for UK logistics fund

Fiera Real Estate and Wrenbridge have acquired a 2.3-acre site in Hemel Hempstead for a new 52,000 sq.ft Grade A industrial warehouse scheme with...

Tristan’s debt fund provides £80m loan for London residential tower

Tristan Capital Partners’ TIPS One Debt Fund has provided an £80 million senior loan for the refinancing of 204 apartments in the Manhattan Loft Gardens...

Schroders Capital sells two urban logistics assets for £200m

Schroders Capital has sold two prime urban logistics assets to Prologis UK for £200m. The two assets, based in Park Royal and Watford, comprise over 362,000ft²...

UK industrial sector reports negative capital value growth in July

UK commercial property capital values decreased 0.5% in July 2022, according to the latest CBRE Monthly Index. Over the month, rental value growth was...

Angelo Gordon, Bloom acquire industrial estate in west London

A joint venture between Bloom and Angelo Gordon has purchased a prime multi-let industrial estate in Park Royal, west London, from Schroders Capital. The freehold estate in Eldon...

CLS sells three properties for £39.8m

CLS has sold two UK properties, Great West House, Brentford and 62 London Road, Staines and one French property, 96 Rue Nationale, Lille for...

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