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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...

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...

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