Tag: UK retail property
UBS Asset Management acquires Sainsbury’s supermarket for £45m
UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business has completed the acquisition of a Sainsbury’s supermarket in Hinckley, Leicestershire, for c....
Hammerson completes sale of 50% interest in VIA Outlets for £277m
Hammerson plc (Hammerson) said on Monday that it has completed the sale of substantially all of its 50% interest in VIA Outlets to the...
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...
