Tag: uk retail asset
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...
Supermarket Income REIT buys Sainsbury’s store for £75.8m
Supermarket Income REIT has purchased Sainsbury's store in Cannock, Staffordshire from a client of CBRE Investment Management for £75.8 million, representing a net initial yield of 4.0%. The Sainsbury's store opened in 1997...
Supermarket Income REIT pays £73m for Sainsbury’s and Tesco stores
Supermarket Income REIT has acquired a Sainsbury's supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited...
Aviva Investors sells UK public house portfolio for £20m
Aviva Investors has sold eight freehold public houses strategically located across the UK for over £20 million. CBRE has advised the company on the sale of...
LondonMetric divests retail park in Leeds for £25.2m
LondonMetric has sold its retail park in Kirkstall, Leeds, for £25.2 million, to a UK institutional investor. The 120,000 sq ft Kirkstall Bridge Shopping Park was developed by LondonMetric in 2015 after acquiring the site...
Hammerson, Aberdeen Standard to install UK’s largest EV charging facility
Hammerson and Aberdeen Standard Investments, joint owners of Brent Cross Shopping Centre, have unveiled plans for a landlord owned EV charging facility at Brent...
Orchard Street appoints new retail asset manager
Orchard Street Investment Management has appointed Edward Bales as retail asset manager. In his new role, Bales will form part of the team responsible for...