RDI REIT said it had inked three new lease agreements at two of its retail parks, delivering an average uplift of 40% on gross annualised rents reported for the year through August.

The lettings comprised a total of 37,850 square feet of space and would generate £1.0m of gross annualised rental income.

Aldi supermarket and The Gym Group have signed at Priory Retail Park in Merton, South West London on long leases of 20 years and 15 years, respectively.

Bargain Buys, meanwhile, had increased its unit size at Banbury Cross Retail Park in Oxfordshire.