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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...

LondonMetric announces disposals and acquisitons

LondonMetric Property has sold four retail properties from its long income portfolio for £22.2 million, reflecting a blended NIY of 4.6%. The company also announced the acquisition...

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...

Supermarket Income REIT buys Tesco supermarket in Bracknell for £39.5m

Supermarket Income REIT has acquired a Tesco supermarket in Bracknell from a client of CBRE Global Investors for £39.5 million, reflecting a net initial yield of 5.7%. Developed in...

RDI sells UK retail parks portfolio for £156.9m

UK Real Estate Investment Trust RDI has agreed to sale its UK retail parks portfolio of six assets for £156.9 million to M7 Real Estate Limited, on behalf of M7...

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 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...

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...

Revo appoints Vivienne King as new CEO

Revo, the organisation that represents the UK’s £360 billion retail property and placemaking sector, has appointed Vivienne King as its new CEO. Vivienne King...

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