Kimco Realty acquires Stonebridge lifestyle center in $172.5m deal

Kimco Realty acquires Stonebridge lifestyle center in $172.5m deal

Kimco Realty (NYSE: KIM), the largest publicly traded owner and operator of open-air, grocery-anchored shopping centers in North America, has announced its acquisition of Stonebridge at Potomac Town Center. Located in Woodbridge, Virginia, the 96%-occupied, 504,000-square-foot lifestyle center was purchased for $172.5 million, marking a significant expansion of Kimco’s growing portfolio. Stonebridge at Potomac: A […]

Aegon wraps up sale of accident insurance provider Stonebridge

Aegon wraps up sale of accident insurance provider Stonebridge

Aegon has wrapped up the previously announced sale of Stonebridge, a UK-based provider of accident insurance products, to Global Premium Holdings, for about £60 million. Headquartered in London, Global Premium Holdings is part of Embignell group. Global Premium Holdings provides a range of accident and sickness insurance policies. The deal was signed in October 2020. […]

Aegon to sell accident insurance provider Stonebridge to Global Premium

Aegon to sell accident insurance provider Stonebridge to Global Premium

Dutch life insurance company Aegon has agreed to sell Stonebridge, a UK-based provider of accident insurance products, to Global Premium Holdings for a price of around £60 million. Stonebridge is a direct to consumer insurer, which specializes in accidental death and hospitalization products. The company is claimed to offer policies to almost 200,000 customers in […]