Rockspring buys Maskew Retail Park, Peterborough
Rockspring Property Investment Managers, who are being advised on the asset by Westmount Real Estate, have acquired Maskew Retail Park from Chambers Street Properties for £37m, reflecting an initial yield of 6.25%.
Ediston acquires Pallion Retail Park, Sunderland
Ediston Real Estate, acting on behalf of Europa Capital Partners, have exchanged contracts to acquire the 129,717 sq ft Pallion Retail Park from SWIP for a price of £18.95 million, reflecting a net initial yield of 7.29%.
The Crown Estate acquires Silverlink Shopping Park
The Crown Estate has acquired the 208,000 sq ft Silverlink Shopping Park in Newcastle from LaSalle Investment Management for a price of £131 million.
Standard Life agrees south coast foodstore sale & leaseback
Standard Life Investments have acquired the Sainsbury’s foodstore situated on the site of the former School of Musketry at Military Road, Hythe.
The Crown Estate to fund MK1 Leisure Park
Following their funding of the 118,000 sq ft MK1 Shopping Park beside the MK Dons Stadium in Milton Keynes, The Crown Estate is to fund the adjoining MK1 Leisure Park.
Family trust acquires Sainsbury’s foodstore in Ottery St Mary
A family trust client has agreed the sale and leaseback of a Sainsbury’s foodstore in Ottery St Mary, Devon.
The Crown Estate add DW Sports unit to Milton Keynes holding
The Crown Estate has acquired the 48,399 sq ft DW Sports unit at Stadium MK from Inter MK, the development company of MK Dons Chairman Pete Winkleman.
Standard Life acquires Morrisons petrol filling station
Standard Life Investments have acquired the Morrisons petrol filling station at First Point, Doncaster for £3 million.
CBRE Global Investors acquire Brighton foodstore
Acting on behalf of a Malaysian institution, CBRE Global Investors have acquired the Sainsbury’s foodstore at Lewes Road, Brighton for £30 million.