All Grocery Retail articles
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Newcore Capital seals £30m deal for east London Tesco site
The asset was purchased on behalf of the company’s latest value-add vehicle, Newcore Strategic Solutions.
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FPG acquires Washington Retail Park in Sunderland
The deal follows the firm’s purchase of the Moorland Centre Retail Park in Lincoln late last year.
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TR Property sells The Colonnades in west London for £33.5m
The property comprises a large, fully let, mixed-use block in Bayswater, constructed in the 1970s.
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Lidl seeks investors for lease-back expansion plans
The budget grocrey chain wants the new stores to come with a 25-year lease.
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John Lewis strikes sale-and-leaseback deal for Waitrose stores
Waitrose will lease back the stores on 20-year inflation-linked contracts.
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Aldi signs 20-year lease at Fulham Broadway Retail Centre
The German supermarket giant has signed for former Wilko store.
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Morrisons sells forecourt business to MFG in £2.5bn deal
The deal will help pay off part of the supermarket chain’s debt pile.
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Aviva Investors sells three UK supermarkets in £100m deal
MDSR Investments has purchased a Sainsbury’s and two Morrisons stores.
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Macquarie Asset Management invests £400m in debt secured against Asda ground leases
Australian banking giant Macquarie Asset Management has partnered with clients to invest £400m in debt secured against Asda supermarket ground leases on behalf of UK retirement-focused financial services specialist Just Group.
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Aldi creates national real estate team to power 500-store expansion spree
Aldi has created a new national real estate team as it aims to open 500 new UK stores.
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LXi REIT cheered by ‘green shoots’ despite reporting valuation fall in trading update
LXi REIT pointed to “green shoots emerging” as it reported a fall in the value of its property portfolio from £3.36bn on 31 March to £3.19bn on 30 September.
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John Lewis planning £150m sale and leaseback of Waitrose stores
John Lewis Partnership (JLP) is reportedly planning to sell a dozen of its Waitrose stores in a sale-and-leaseback scheme aiming to raise an estimated £150m.
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Aldi scales up expansion plans as 1,000th UK store opens
Aldi has increased its long-term target for UK store numbers to 1,500, following the opening of its 1,000th supermarket, in Woking, Surrey.
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Sainsbury’s seeks sites for neighbourhood hub format
Supermarket giant Sainsbury’s has opened its 10th store under its neighbourhood hub format and is seeking further sites to roll out the concept.
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Lidl seeks match for Wimbledon office block
German discount retailer Lidl is selling its former GB headquarters, a seven-storey building with 47,000 sq ft of office space in Wimbledon, south west London.
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Supermarket Income REIT buys Tesco in Llanelli for £66.8m
Grocery property investor Supermarket Income REIT (SUPR) has purchased a Tesco store in Llanelli, South Wales, for £66.8m from M&G.
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Checkout a new way of working
With Messrs Branson and Musk now offering joyrides into orbit for a mere £200,000 or so, you could be forgiven for thinking that the ‘space race’ is over.
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IWG and Tesco in flexspace tie-up
IWG has announced a partnership with Tesco to launch a flexible workspace in one of the supermarket giant’s London stores, as part of a longer-running mixed-use retail play, Property Week can reveal.
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Morrisons poised to buy McColls out of administration
Morrisons has won the battle to take over McColl’s, one of Britain’s biggest convenience store chains, and has promised to retain all 1,100 stores and its 16,000 strong workforce.