Tag: uk commercial property
LXI REIT buys a care home in Bristol
LXi REIT plc has acquired a Bupa care home in Bristol for £13.8 million, reflecting a 6.4% net initial yield (net of acquisition costs...
Legal & General provides £420 mln financing for One and Two...
LGIM Real Assets (Legal & General) has provided £420 million in long-term financing to support Almacantar on the debt refinancing of One and Two...
Circle Property Plc agrees with RBS and HSBC for a new...
Circle Property Plc has agreed with RBS and HSBC for a £100 million new financing facility. The credit facility replaces a £55 million facility with RBS agreed in...
UK commercial property values fell in January
According to the latest CBRE Monthly Index, UK commercial property capital values fell marginally by -0.1% in January 2019. Rental values were flat over...
M7 Real Estate launches new development business
Pan-European asset manager M7 Real Estate has launched a new development business, M7 Developments. M7 Developments will focus on substantial Brownfield, medium term...
Regional REIT buys Norfolk House, Birmingham central office for £20m
Regional REIT Limited has acquired the Norfolk House, Smallbrook Queensway, Birmingham, for a consideration of £20m with a current net initial yield of 7.92%, in an off...
AXA IM-Real Assets to commence Bristol city centre office development
AXA Investment Managers - Real Assets, with development manager Bell Hammer, announced that it will commence construction of the initial phase of its 300,000...