Tag: UK retail market
Landsec secures 92% ownership of Liverpool ONE for £490m
Landsec has announced the acquisition of a 92% stake in Liverpool ONE shopping centre, one of the UK’s premier shopping destinations.
The stake was...
Supermarket Income REIT pays £34.7m for Staffordshire Tesco store
Supermarket Income REIT has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for £34.7 million (excluding acquisition costs), reflecting a net initial yield of 7.5%.
The acquisition...
MFG to buy 337 Morrisons forecourts in £2.5bn deal
Motor Fuel Group (MFG) has agreed to acquire 337 Morrisons forecourts (including fuel, convenience kiosk and ancillary services) and more than 400 associated sites...
M Core pays £35m for UK retail portfolio
M Core ,a privately held commercial property collective in the UK, has purchased a multi-retail centre portfolio for £35 million.
The Harrier portfolio comprises a...
LCP snaps up 220,000 sq ft Kidderminster retail park
Commercial property and investment company LCP, part of M Core, has acquired a retail park in Kidderminster, Worcestershire for an undisclosed sum from Nuveen...
British Land completes retail park deals for over £120m
British Land has acquired three retail parks for a total of £94m and sold its 50% stake in a retail park in Preston for...
Asda to open 300 new convenience stores in next four years
British supermarket chain Asda plans to open 300 new convenience stores in the next four years across the UK under its new Asda Express...
LXi REIT to acquire Sainsbury’s portfolio for £500m
LXi REIT has exchanged contracts to acquire a portfolio of 18 prime grocery store assets predominantly located in Southern England, on a sale and...
Asda to buy 132 convenience stores from Co-op in £600m deal
Asda has agreed to acquire 132 convenience stores from The Co-operative Group (Co-op) for £600 mllion.
Asda said the acquisition is as part of its...
Supermarket Income REIT acquires four supermarkets for £76.4m
Supermarket Income REIT has acquired four supermarkets for £76.4 million, reflecting a combined net initial yield of 5.1%.
Acquired from different vendors, the purchases consist...
