Tag: UK retail market
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...
UK commercial property capital values fall in September
UK commercial property capital values fell -0.4% in September 2019, according to the latest CBRE Monthly Index. In the third quarter of 2019, UK commercial...
French retailer Casino sells 32 store properties worth €470m to Apollo...
French retailer Casino Group announced that it has signed an agreement with funds managed by affiliates of U.S. asset management firm Apollo Global Management...
London still attractive for international retailers
In spite of the challenging UK retail climate, London is continuing to appeal to the expansion plans of international retailers, with the number of...
M&S confirms discussions with Ocado Group, says no certainty in agreement
Marks and Spencer Group released a new statement about media speculations that includes signing a £900m deal with Ocado Group. Here is statement : ''Following press...
UK commercial property values fell in January
According to the latest CBRE Monthly Index, UK commercial property capital values fell marginally by -0.1% in January 2019. Rental values were flat over...