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Riverstone appoints Penny Hughes as chairman

Riverstone, the Goldman Sachs-backed retirement living company in London, has appointed Penny Hughes as chairman. Penny Hughes has served on multiple boards with experience...

CBRE UK : Capital value fall decelerates as yields stabilise

Capital values fell by -1.1% across all UK Commercial property in May 2020, according to the latest CBRE Monthly Index. This was driven by...

Joint venture to buy stake in Sainsbury’s supermarket portfolio for £102m

UK supermarket real estate investor Supermarket Income REIT has formed a 50:50 joint venture (JV) with British Airways Pension Trustees Limited (BAPTL), acting on behalf of the British...

Gazeley leases 186,000 sq ft unit at Magna Park Lutterworth site...

Gazeley has leased a 186,000 sq ft unit at its Magna Park Lutterworth site to Bleckmann, a market leader in Supply Chain Management (SCM)...

Legal & General sells London retail asset for £25m

Legal & General, on behalf of its BMW (UK) Trustees fund, has sold 36-46 St John’s Road, Clapham Junction, a prime London retail asset,...

Hong Kong’s retail operator buys stake in Landsec

Lifestyle International Holdings, a Hong Kong-based retail operator that specializes in the operation of mid to upper-end department stores in Hong Kong, announced it...

Savills : UK commercial property yields at highest level since 2013

Yields on UK commercial property rose by their largest monthly amount since July 2016 in April, and are now at their highest level since...

PHP acquires 20 purpose-built medical centres for £47.1m

UK healthcare facilities investor Primary Health Properties PLC (PHP) has acquired a portfolio of 20 purpose-built medical centres, located across England and Wales, for...

Capital values fall in UK Commercial property, says CBRE

Capital values fell by -2.1% across all UK Commercial property in April 2020, according to the latest CBRE Monthly Index. This was driven by...

UK Commercial Property REIT sells office asset in City of London

UK Commercial Property REIT (UKCM) announced that it has unconditionally exchanged contracts to sell Eldon House, its only office asset in the City of London, to...

Aviva Investors acquires three logistics warehouses for £107m

Aviva Investors has acquired three logistics warehouses from Next through its Lime Property Fund for £107 million, in a sale and leaseback transaction. The three...

Legal & General to invest £150m in Sheffield’s West Bar Square...

Legal & General will invest £150 million in Sheffield’s West Bar Square development to complete the first phase of this substantial mixed-use project in...

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