Tag: UK retail property
DTZ Investors pays £59m for Croydon retail park
DTZ Investors has purchased Purley Cross Retail Park in Croydon for £59 million from Oval Real Estate. The property is a prime retail park comprising...
LCP Group adds Essex retail park to portfolio
UK privately owned commercial property development and management company LCP Group has bought a new retail park in Harwich, Essex. The group has added Gateway...
Custodian REIT divests North-East shopping centre for £9.3m
Custodian REIT has sold a shopping centre in Gosforth, Newcastle for £9.3 million. The company purchased the 73,367 sq ft shopping centre as part of its acquisition of DRUM...
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...
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...
Shaftesbury makes £27.5m acquisition in Soho
Shaftesbury has acquired a 200 year ungeared leasehold interest in the lower floors of 92-104 Berwick Street in Soho, London's West End, for £27.5...
LondonMetric sells four assets for £34.2m
LondonMetric has sold four assets, in separate transactions, for £34.2 million, reflecting a blended NIY of 4.1%. The combined sale price is 35% above its 30...
Capco, Shaftesbury in merger talks
UK-based property firms Shaftesbury Plc and Capital & Counties Properties Plc (Capco) are in advanced discussions regarding a possible all-share merger of the two...
LaSalle invests £600m in two UK designer outlet centres
LaSalle Investment Management has paid £600m for two prime outlet centres in the United Kingdom, McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet...
