Tag: UK retail market
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...
LondonMetric buys two retail properties for £23m
LondonMetric has purchased a portfolio comprising two NNN retail properties for £23.3 million, reflecting a blended NIY of 6.7%. The retail properties generate a rent...
CBRE to acquire retail property consultancy business in UK
CBRE has signed an agreement to acquire CWM, an independent retail and leisure property consultancy in the United Kingdom. Founded in 1992, CWM advises more...
Amazon opens grocery store at British Land’s Regent’s Place campus
Amazon has opened a new Amazon Fresh grocery store at Regent's Place, one of British Land's London campuses. Located on the ground floor of...
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...
