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LGP and Segro complete London industrial property swap (UK)

SEGRO and Legal & General Property (‘LGP’), on behalf of its Linked Pensions Fund, have completed a London industrial property swap. SEGRO has acquired a distribution warehouse at One Abbey R ...

Telereal Trillium to sell £550 million RBS portfolio (UK)

Telereal Trillium has appointed CBRE to advise on the sale of a UK-wide property portfolio, which includes a number of landmark London buildings.  The Hyperion portfolio comprises 55 assets and ...

Henderson sells Pentavia Retail Park, London for £27.8 million (UK)

Henderson Global Investors, on behalf of its ca £1.07 billion UK Retail Warehouse Fund, has sold Pentavia Retail Park for £27.8 million (approx. €33 million), reflecting a net initial yield of 5.9 ...

Land Securities agrees to purchase a further 35.6% interest in X-Leisure (UK)

Land Securities has agreed to acquire an additional 35.6% interest in the X-Leisure Unit Trust for a total cash consideration of £104 million (approx. €124 million), taking its total ownership of t ...

Rockspring sells The Stanza Building, Uxbridge, for £43.1 million (UK)

Rockspring announced that, on behalf of the Rockspring Hanover Property Unit Trust (“Hanover”), it has agreed the sale of The Stanza Building, a brand new office headquarters in Uxbridge, to NFU M ...

MIPP acquires a portfolio of Wickes units for £28.0 million (UK)

LondonMetric announced that the Metric Income Plus Limited Partnership (“MIPP”), its £150 million joint venture with Universities Superannuation Scheme (“USS”), has exchanged contracts to acq ...

Helical Bar acquires multi-sector portfolio for £50 million (UK)

Helical Bar has exchanged contracts to acquire the Quartz Portfolio, comprising 10 regional properties, from overseas private clients of Jones Lang LaSalle for ca. £50 million (approx. €59.5 millio ...

Cordea Savills buys IBM headquarters in London for £120 million from Amsprop (UK)

Cordea Savills, the international property investment manager, has purchased the IBM Building, Upper Ground in London SE1 for £120 million (approx. €143 million) on behalf of a private family offic ...

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