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CBRE acquires logistic assets in the UK, US, and Europe

CBRE Investment Management has announced that it is acquiring a 57-asset, 28.4 million square foot portfolio of logistics properties in the UK, US, and Europe valued at 4.9 billion US dollars from Hillwood Investment Properties. The investment is part of CBRE’s acceleration of its global logistics strategy to capitalise on the demand for...

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Retail

Uniqlo to open store at Angel Central in Islington

Japanese fashion giant Uniqlo has signed as the anchor tenant for the proposed new development at Angel Central in Islington. The new 15,500 square foot store spanning two floors is set to open in late 2019 and comes as part of Angel Central’s 11 million pound transformation. As part of the redevelopment, a bespoke unit was created specifically...

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Retail

UK retail rents slip in first quarter of 2019

Retail rent prices on prime UK high streets fell one percent in the first quarter of 2019, an acceleration of the -0.4 percent falls reported in the third and fourth quarter of last year, according to CBRE’s most recent prime rents and yields monitor. Shopping centres and retail warehouse prime rents also fell -1.3 percent and -1.0 percent over...

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