Palmer Capital Income Fund, which is backed by CBRE Global Investment Partners, has acquired a 44,368 sq ft Asda store in Manchester for £14m.
Lidl is to open at Thanet Way in Herne Bay after purchasing consented land from Simon Developments.
Retail is facing a universal issue – caution – and in great waves.
The grocery retailers with the largest percentage of shoppers who also shop elsewhere are Waitrose and Aldi, making them good brands to locate near to Sainsbury’s and Tesco in particular.
Supermarket Income REIT has reported a massive leap in pre-tax profit for 2018-19, after adding two new supermarkets to the portfolio for a combined £96.7m during the financial year.