In a significant development within the UK commercial property sector, Ediston Property Investment Company PLC, a prominent UK-based property investment firm, has confirmed that it is in advanced talks with Realty Income regarding a potential sale of its property portfolio.

The portfolio in question includes various retail parks across the UK, with an estimated value of £208 million. Ediston Property Investment Company, known for its investments in office, retail, and industrial properties within the UK, is engaging with Realty Income’s UK entity, RI UK 1 Limited, for the possible transaction.

While the discussions have reached advanced stages, Ediston has emphasised that there is no certainty that the sale will proceed, and the final terms remain undisclosed.

The potential sale represents a noteworthy event in the UK commercial property market, reflecting the dynamic nature of investment and acquisition activities within the region. The ongoing talks between Ediston Property Investment Company and Realty Income underscore the continued interest in UK retail properties and the strategic positioning of both companies within the UK market.