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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.

Carrefour completes acquisition of store chain in Taiwan

Carrefour completes acquisition of store chain in Taiwan

Carrefour today announced that it has closed the acquisition of Wellcome Taiwan, including 224 proximity stores (199 Wellcome stores - average sales area of...
JCPenney initiates search for new CEO as Soltau to exit

JCPenney initiates search for new CEO as Soltau to exit

JCPenney announced on Wednesday that its new ownership group, consisting of Simon Property Group and Brookfield Asset Management, along with strategic partner Authentic Brands...
Simon completes acquisition of Taubman Centers

Simon completes acquisition of Taubman Centers

Simon Property Group has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG). Under the terms of...
Supermarket Income REIT buys Waitrose supermarket for £9.1m

Supermarket Income REIT buys Waitrose supermarket for £9.1m

Supermarket Income REIT has acquired a Waitrose supermarket in Market Harborough, Leicestershire from Alpha Real Estate for £9.1 million, representing a net initial yield...
Frasers Centrepoint Trust to divest shopping centre for S$110m

Frasers Centrepoint Trust to divest shopping centre for S$110m

Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), announced that its trustee has entered into sale and purchase agreements with unrelated...
Charter Hall buys David Jones Sydney CBD store for $510m

Charter Hall buys David Jones Sydney CBD store for $510m

Charter Hall Group has agreed to purchase the David Jones flagship Elizabeth Street store, located at 86-108 Castlereagh Street, Sydney for A$510 million. The Charter...
UK REIT Stenprop sells retail centre in Berlin for €37.45m

UK REIT Stenprop sells retail centre in Berlin for €37.45m

Stenprop, a UK REIT company listed on the LSE and the JSE, has agreed to sell its freehold interest in the Victoria Retail Centre...
CPP Investments acquires ownership of Trafford Centre in UK

CPP Investments acquires ownership of Trafford Centre in UK

Canada Pension Plan Investment Board (CPP Investments), through its wholly owned subsidiary CPPIB Credit Investments Inc (CPPIB Credit), has acquired the ownership of prime...
EG Group to acquire petrol station chain in Germany for €485m

EG Group to acquire petrol station chain in Germany for €485m

UK based EG Group, owned by Co-CEOs Mohsin and Zuber Issa brothers, has reached an agreement to acquire a 285 chain of petrol station...
Debenhams set to close 124 stores in UK

Debenhams set to close 124 stores in UK

Debenhams has confirmed that its administrators, FRP Advisory, have concluded the initial sale process that was part of their assessment of options for the...

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