News
Canterbury: Aldi
The team at XPROP advised Legal & General Investment Management on the disposal of Aldi in Canterbury for £5.3 million, reflecting a NIY of 4.75%.
Bangor: Menai Retail Park
The team at XPROP advised private clients on the acquisition of Menai Retail Park in Bangor for £6.5 million reflecting a NIY of 10%.
Solihull: Solihull Gate Retail Park
The team at XPROP advised CCLA on the acquisition of Solihull Gate Retail Park for £16.1 million from Aberdeen Standard, reflecting a NIY of 8.13%.
Birmingham, Cardiff, Washington & Newcastle: B&Q Portfolio
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.
Bristol: Druid Care Home
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.
St Albans: Wickes
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.
Ashford: Warren Retail Park
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%.
Farnborough: Horizon Retail Park
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%.