Lewis Berrill

A pick-up in investment activity and a "more positive mood" was the sentiment from attendees from across the industrial and logistics (I&L) sector at the many cafes, bars, restaurants and meeting spots dotted around Cannes last week.

LondonMetric Property has revealed that it has secured an additional £5.5m of annual rental income since the end of September.

Tritax Big Box REIT has boasted of a “transformational year” as it recorded excellent operational performance and record rental reversion, delivering its highest total accounting return since 2021.

Supermarket Income REIT has sold a supermarket in Newmarket to its operator, Tesco, for £63.5m

Royal London Asset Management Property and Graftongate have submitted a reserve matters application for an I&L scheme at Pickford Gate.

Stane Retail Park, Colchester, has been acquired by a private South African investor client of Pembrey Asset Management for £33.95m.

Hotel and leisure group Andras House has acquired the Travelodge hotel on Brunswick Street in Belfast for £8.75m from Tifco Hotels Group in a deal supported by Danske Bank.

Axiom Hospitality has been selected by Landsec to operate the REIT’s MediaCity hotel in Salford.

Global hospitality technology company OYO is to invest £50m in the UK over the next three year to expand its premium hotel portfolio, in a move it described as “a significant strategic shift”.

Pharmaceutical firm Panmedica Medical Distribution has signed a lease at SEGRO V-Park Grand Union development at Alperton in north-west London.