Thursday, September 16, 2021
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Global retail commercial real estate news including shopping centers, fashion or specialty malls, outlet malls, mixed-use, small grocery, pharmacy, few restaurants or clothing stores.

Sainsbury's to buy back 13 stores from joint venture portfolio

Sainsbury’s to buy back 13 stores from joint venture portfolio

Supermarket Income REIT announced Sainsbury’s exercised a purchase option to acquire 13 stores from its Reversion Portfolio. A joint venture between British Airways Pension Trustees...
Patrizia sells German retail portfolio

Patrizia sells German retail park portfolio

Patrizia has sold a portfolio of retail parks located across Western Germany, on behalf of clients, to MEAG, the asset manager for Munich Re...
LaSalle buys Class A retail, trophy Office and land in Canada

LaSalle buys Class A retail, trophy office and land in Canada

LaSalle Investment Management's LaSalle Canada Property Fund has acquired a portfolio of properties in Montreal and Vancouver from Ivanhoé Cambridge. The portfolio includes: -A...
LondonMetric sells grocery asset in Liverpool for £10.2m

LondonMetric sells grocery asset in Liverpool for £10.2m

LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%. The 29,000 sq ft asset was acquired in 2014 for £8.1...
Vornado to sell five Manhattan retail properties for $184.5m

Vornado to sell five Manhattan retail properties for $184.5m

Vornado Realty Trust has entered into agreements to sell five Manhattan retail properties for $184.5 million. The Manhattan retail properties, located at 677...
Ivanhoé Cambridge, JLL announce agreement for Canadian retail operations

Ivanhoé Cambridge, JLL announce agreement for Canadian retail operations

Ivanhoé Cambridge has signed an agreement with JLL for the operations of its retail properties across Canada. On October 1, 2021, Ivanhoé Cambridge will transition the...
CenterSquare, Arch form JV to invest in service properties

CenterSquare, Arch form JV to invest in service properties

CenterSquare Investment Management (CenterSquare) and Arch Street Capital Advisors (Arch) have formed a joint venture (JV) to invest in high-end service properties in the...
Patrizia sells 144,000 sqm retail portfolio in Germany

Patrizia sells 144,000 sqm retail portfolio in Germany

Patrizia has sold a retail portfolio comprising 50 stores across Germany, on behalf of its clients, to GPEP, a German based investment manager focused...
LondonMetric divests retail park in Leeds for £25.2m

LondonMetric divests retail park in Leeds for £25.2m

LondonMetric has sold its retail park in Kirkstall, Leeds, for £25.2 million, to a UK institutional investor. The 120,000 sq ft Kirkstall Bridge Shopping Park was developed by LondonMetric in 2015 after acquiring the site...
Deka acquires Dublin property from Aviva for €25m

Deka acquires Dublin property from Aviva for €25m

Deka Immobilien has purchased an office and commercial building in Dublin from Aviva for €25 million. Deka said the property in Dublin is to be incorporated...

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