Tag: UK retail market
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...
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...
