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Retail asset in Berlin sold for €65.5m to Benson Elliot

UK-based private equity real estate fund manager Benson Elliot has acquired Schloss-Strassen Center, a retail asset in Berlin from the UK Real Estate Investment Trust...

Supermarket Income REIT buys Morrisons supermarket for £14.3m

Supermarket Income REIT has acquired a Morrisons supermarket in Telford from Santander Trustees Limited for £14.3 million, reflecting a net initial yield of 5.0%. Developed in 2012, the four-acre site is located at...

Supermarket Income REIT buys Tesco store for £61m

Supermarket Income REIT, the UK supermarket real estate investment trust, has acquired the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for £61.0 million (excluding acquisition costs), reflecting...

CBRE UK : Increased investment in online capabilities expected in the...

Investment in online capabilities and delivery apps across the retail sector is expected to increase further, according to the latest research from global real...

LondonMetric announces two acquisitions totaling £73m

LondonMetric Property Plc (LondonMetric) has announced two acquisitions for a total consideration of £72.9 million. Through a £62.0 million sale and leaseback, LondonMetric has acquired a portfolio...

AllSaints announces CVAs proposal for UK and US store portfolio

Global contemporary fashion retailer AllSaints, headquartered in East London, has launched a CVAs (Company Voluntary Arrangements) proposal for its store portfolio in the UK...

British retail group Tesco to sell its business in Poland

British retail group Tesco has agreed to sell its business in Poland to Denmark's retail group Salling Group A/S for £181m. The deal includes...

Joint venture to buy stake in Sainsbury’s supermarket portfolio for £102m

UK supermarket real estate investor Supermarket Income REIT has formed a 50:50 joint venture (JV) with British Airways Pension Trustees Limited (BAPTL), acting on behalf of the British...

Hammerson completes largest UK retail parks portfolio sale in past decade

Hammerson plc has sold a portfolio of seven retail parks to Orion European Real Estate Fund V for £400m with expected net proceeds of...

UK supermarket real estate investor buys Sainsbury’s store for £34m

UK supermarket real estate investor Supermarket Income REIT has acquired a Sainsbury's store in Hessle, East Riding from Reassure Limited for £34.0 million (excluding acquisition costs), reflecting a net initial...

M&G to continue suspension of its £2.5bn property fund

M&G Investments (M&G) has confirmed that it will continue the temporary suspension of dealing in its £2.5 billion M&G Property Portfolio (the Fund) and...

M&G suspends trading in £2.54bn property fund citing Brexit

M&G Investments (M&G) said on Wednesday it was temporarily suspending dealing in the shares of the M&G Property Portfolio (the Fund) and its feeder...

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