The team at XPROP advised Palmer Capital on the acquisition of four B&Q sale-and-leaseback properties in Birmingham, Cardiff, Washington and Newcastle for a combined £64.85 million.
The team at XPROP advised LXi REIT on the acquisition of a Bupa care home in Bristol let for an unexpired term of 23.5 years.
The team at XPROP advised Columbia Threadneedle on the acquisition from Milton (BVI) Limited. Wickes occupy the property on a reversionary lease with 10.5 years term certain off a rent of £15.47 psf.
The team at XPROP advised Salmon Harvester Properties on the disposal to Knight Frank IM for £11.925 million, which reflects a net initial yield of 6.1%.
The team at XPROP advised Royal London Asset Management on the forward purchase from Steamrock Capital for £38.78 million, reflecting a NIY of 5.25%.
The team at XPROP advised IM Properties on the acquisition of the Wickes Extra in Swindon for £14.918 million, which reflects a net initial yield of 5.65%.
The team at XPROP advised M&G Real Estate on the disposal of Kingsditch Retail Park in Cheltenham to DTZ Investors for £42.4 million, which reflects a net initial yield of approximately 5.6%.
The team at XPROP advised BMO Real Estate Partners on the purchase of the freehold investment of Victoria Road Retail Park in South Ruislip.