St. Modwen has exchanged contracts to acquire Kirkby Town Centre from Tesco for £35.8m, reflecting a net initial yield of 9 per cent on the main shopping centre.
Savills is predicting a strong final quarter for the UK shopping centre investment market.
Markets operator buys 90,000-sq ft Prescot shopping centre in Merseyside
Praxis has sold Garden Square shopping centre in Letchworth, Hertfordshire, to VALAD Europe for £19.3m, representing a net initial yield of 8.6 per cent.
Westfield has unveiled work to enhance the south-west corner of the centre, including a multi-million pound upgrade to Debenhams as it continues to invest in the centre.
LondonMetric sells retail parks in Milton Keynes and Southampton
West Byfleet town centre mixed-use site bought for £10.5m
Redefine International adds £186m of retail property as part of portfolio deal
The joint venture between Bridges and Ellandi will build a portfolio of community shopping centres in the coming months.
Criterion Capital has sold its leasehold interest in St Nicholas Centre in Sutton, south London, to AEW at £71.6m, representing a yield of 6.49 per cent
Schroders and Chester Properties have sold Motherwell shopping centre to Cerberus and Edinburgh House for £41.585m.
Capital & Regional sees profits up 76 per cent in half year to 30 June 2015
Picton has acquired the freehold of a B&Q retail warehouse in Sheffield for £17.7m, reflecting a net initial yield of 6.6 per cent
Legal & General has bought the Grafton shopping centre, Cambridge for £99m for its second UK Property Income Fund
Interim report for the six months ended 30 June 2015 shows estimated retailer sales up 3.4 per ce