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Supermarket Income REIT buys supermarket in Cambridgeshire

Supermarket Income REIT plc has purchased a Morrisons supermarket in Wisbech, Cambridgeshire from Aberdeen Standard Investments for £30.0 million (excluding acquisition costs), representing a combined net initial yield of 5.0%. The...

Boohoo buys Debenhams brand for £55m

Online fashion retailer Boohoo announced Monday that it has acquired Debenhams' online business and associated intellectual property from its joint administrators for £55 million...

Debenhams set to close 124 stores in UK

Debenhams has confirmed that its administrators, FRP Advisory, have concluded the initial sale process that was part of their assessment of options for the...

Hammerson completes sale of 50% interest in VIA Outlets for £277m

Hammerson plc (Hammerson) said on Monday that it has completed the sale of substantially all of its 50% interest in VIA Outlets to the...

Supermarket Income REIT buys Newcastle Sainsbury’s store for £53.1m

Supermarket Income REIT plc has purchased a Sainsbury's supermarket in Heaton, Newcastle upon Tyne, from the National Farmers Union for £53.1 million, reflecting a combined net initial yield of 4.1%. The...

Walmart agrees to sell UK business Asda for £6.8bn

The Issa brothers, founders and co-CEOs of EG Group, a global convenience and forecourts retailer, headquartered in Blackburn, UK, and TDR Capital, a UK-based...

NewRiver sells 90% interest in Lisburn retail park

NewRiver REIT plc (NewRiver) has sold 90% of its interest in Sprucefield Retail Park, Lisburn in Northern Ireland, to its joint venture partner BRAVO...

Aldi to open 100 new stores across UK with £1.3bn investment...

Supermarket giant Aldi, Britain’s fifth largest supermarket with 894 stores and more than 36,000 employees, announced it plans to invest £1.3 billion over the next...

Supermarket Income REIT buys Tesco supermarket in Bracknell for £39.5m

Supermarket Income REIT has acquired a Tesco supermarket in Bracknell from a client of CBRE Global Investors for £39.5 million, reflecting a net initial yield of 5.7%. Developed in...

UKCM sells retail park to M7 Real Estate for £46.25m

UK Commercial Property REIT Limited (UKCM), which is managed and advised by Aberdeen Standard Investments, has agreed to sell Great Lodge Retail Park in...

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