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Supermarket Income REIT buys Sainsbury’s store for £75.8m

Supermarket Income REIT has purchased Sainsbury's store in Cannock, Staffordshire from a client of CBRE Investment Management for £75.8 million, representing a net initial yield of 4.0%. The Sainsbury's store opened in 1997...

Supermarket Income REIT pays £73m for Sainsbury’s and Tesco stores

Supermarket Income REIT has acquired a Sainsbury's supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited...

Ingka Investments to buy property in London for £378m

IKEA's parent company Ingka Group's investment arm Ingka Investments on Tuesday said it had signed a conditional purchase agreement to acquire a property at 214 Oxford Street (Oxford Circus) in London for £378...

Landsec sells two retail parks for £54.3m

Landsec has sold two retail parks, Derwent Howe Retail Park and Blackpool Retail Park, for £54.3 million, representing an average 15% premium to the...

Aviva Investors sells UK public house portfolio for £20m

Aviva Investors has sold eight freehold public houses strategically located across the UK for over £20 million. CBRE has advised the company on the sale of...

LondonMetric buys grocery-led property in West London for £18m

LondonMetric has acquired a grocery-led property in South Ruislip, West London, for £18.0 million. The 41,000 sq ft building is let to Aldi and B&M...

Sainsbury’s to buy back 13 stores from joint venture portfolio

Supermarket Income REIT announced Sainsbury’s exercised a purchase option to acquire 13 stores from its Reversion Portfolio. A joint venture between British Airways Pension Trustees...

LondonMetric sells grocery asset in Liverpool for £10.2m

LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%. The 29,000 sq ft asset was acquired in 2014 for £8.1...

LondonMetric divests retail park in Leeds for £25.2m

LondonMetric has sold its retail park in Kirkstall, Leeds, for £25.2 million, to a UK institutional investor. The 120,000 sq ft Kirkstall Bridge Shopping Park was developed by LondonMetric in 2015 after acquiring the site...

NewRiver sells community pub business for £222.3m

NewRiver REIT has agreed to sell Hawthorn, the community pub business, to Admiral Taverns for £222.3 million. Hawthorn owns 674 leased & tenanted and operator...

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