Tag: UK Reit news
Palace Capital appoints new CFO
Palace Capital has announced the appointment of Matthew Simpson as chief financial officer of the company with effect from 11th November 2021. Simpson is a chartered...
Aviva Investors agrees £200m debt facility with Primary Health Properties
Aviva Investors has provided a £200 million debt facility to Primary Health Properties plc, a real estate investment trust (REIT), specializing in modern primary...
Home REIT pays £166.4m for 366 properties across England, Wales
Home REIT has acquired 23 portfolios comprising 366 properties located across England and Wales for £166.4 million following its £350 million equity issue in...
McKay buys office asset in Richmond for £14.75m
McKay Securities Plc has acquired Evergreen Studios, an office asset in central Richmond, for £14.75 million, representing a net initial yield of 5.8%. The property...
SEGRO, Schroders complete UK property swap
SEGRO and Schroders have completed a property swap transaction in which SEGRO has acquired from Schroders a 256,000 sq ft urban warehouse estate in...
Supermarket Income REIT announces six acquisitions for £113m
Supermarket Income REIT has acquired six supermarkets for £113.1 million, reflecting a combined net initial yield of 4.6%. Acquired from different vendors, the purchases...
UK Commercial Property REIT acquires Trafford Retail Park for £33m
UK Commercial Property REIT has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million. Constructed in 1999, the c. 12 acre site...
LondonMetric acquires three urban logistics warehouses for £35.4m
LondonMetric Property Plc has acquired three urban logistics warehouses for £35.4 million in separate transactions, reflecting a blended NIY of 4.4% and a reversionary...
Stenprop sells Guernsey office building for £55m
Stenprop has sold Trafalgar Court, its Guernsey office building, to ARC Global Holdings Ltd., a wholly owned subsidiary of Global Net Lease, Inc., for...
LondonMetric sells grocery asset in Liverpool for £10.2m
LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%. The 29,000 sq ft asset was acquired in 2014 for £8.1...
