Tag: uk retail asset
Multi acquires majority stake in UK retail asset manager Realm
European retail management and development company Multi Corporation has acquired a majority stake in UK specialist retail asset and property manager Realm. The acquisition signals...
Hammerson sells Aberdeen shopping center to Lone Star
Hammerson has sold Union Square, a 52,000 square meter shopping center located in Aberdeen, to an affiliate of Lone Star Real Estate Fund VI,...
Evolve Estates buys open-air retail park in North East England
Evolve Estates, part of M Core, has expanded its retail portfolio with the acquisition of Billingham town centre, in County Durham, North East England. The...
Korean owners secure £90m refinancing for Birmingham shopping centre
Korea's MDM Asset Management and Hana Securities have secured refinancing worth £90 million for Gallagher Shopping Park, a prime level shopping centre in Birmingham....
Savills acquires Central London retail business Nash Bond
Savills UK has acquired Nash Bond Ltd, a retail agency and lease consultancy business based in Central London. The acquisition provides Savills with the opportunity...
DTZ Investors pays £56m for London supermarket
DTZ Investors has acquired a prime London supermarket, let to Sainsbury’s, from Lothbury for £56,250,000. The site totals 2.5-acres and is entirely demised to...
LondonMetric JV buys retail asset in east London for $38m
LondonMetric Property has purchased a triple net retail asset from an open ended property fund for £38 million through one of its joint ventures. This reflects an...
Custodian REIT divests North-East shopping centre for £9.3m
Custodian REIT has sold a shopping centre in Gosforth, Newcastle for £9.3 million. The company purchased the 73,367 sq ft shopping centre as part of its acquisition of DRUM...
Savills IM UK retail park fund buys four assets for £75m
Savills Investment Management's UK Value Boxes fund has acquired four retail park assets across the UK for £75 million since its launch in October...
Supermarket Income REIT grows omnichannel portfolio with £73.2m buy
Supermarket Income REIT has expanded its omnichannel store portfolio wthi the acquisition of Tesco supermarket in Sheffield, Yorkshire, for £73.2 million, representing a net initial yield of 4.5%. The store was...