Samantha McClary
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MORNING NEWS: LondonMetric axes £58m of LXi assets
Plus – RLAM buys 50% stake in centre:mk and Supermarket REIT bags Yorkshire Sainsbury’s
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RLAM buys centre:mk stake from AusSuper
Half share in 1.3m sq ft shopping centre is expected to have been sold for around £150m
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LondonMetric offloads £58m of LXi assets
CEO says “excellent disposals” reflect strategy of exiting assets incompatible with the REIT sector
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Supermarket REIT adds Yorkshire Sainsbury’s to shopping trolley
REIT spends £49.7m on 113,368 sq ft supermarket
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Sirius readies ‘significant firepower’ after revenue rise
UK and German investor recorded double-digit rises in revenue and profit in first half of the year
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SEGRO bid for Tritax lapses
REIT said it would let takeover pass after securing European deal with Brookfield
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Trump election drives Democrat US investors to Ireland
Searches from the US rose by an average of 342% compared with the week before the election, says Savills
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UK housing market faces rate turbulence, says Knight Frank
There was no “Liz Truss” moment, but the impact of the Budget will be felt in the housing market for some time
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Landsec weighs move into operational residential
REIT is building a potential £3bn living business
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MORNING NEWS: Landsec to shift from sell to buy
Plus – GPE’s planned £2bn shopping spree and AlixPartners closes in on new HQ
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Landsec remains committed to retail despite lack of deals
REIT boss Mark Allan says business will shift from net seller to buy in second half
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Valuation fall pushes Soho Estates deeper into the red
Circa £60m write down on properties pushes central London landlord to £30m loss