Trei sells retail portfolio in Portugal to LCN for €150m
Trei Real Estate has completed the sale of a portfolio of 49 retail assets in Portugal to LCN Capital Partners for €150 million. The majority...
L&G sells shopping centre in Northampton
Evolve Estates, part of M Core, has purchased the Grosvenor Shopping Centre in Northampton from L&G for an undisclosed sum. The property company, based in...
Supermarket Income REIT buys additional stake in Sainsbury’s portfolio
Supermarket Income REIT has increased its stake in Sainsbury's Reversion Portfolio to 51% by acquiring British Airways Pension Trustees' 25.5% beneficial interest for £196...
SEGRO buys retail park in Slough for £120m
SEGRO has purchased Bath Road Shopping Park in Slough from Royal London Asset Management for £120 million. The retail park is strategically located next to...
LCP Group adds Essex retail park to portfolio
UK privately owned commercial property development and management company LCP Group has bought a new retail park in Harwich, Essex. The group has added Gateway...
URW divests property in Los Angeles for $325m
Unibail-Rodamco-Westfield (URW) has sold The Village, an outdoor lifestyle destination in the San Fernando Valley of Los Angeles, to the Kroenke Organization for $325 million. The...
Patrizia to acquire Denmark’s only outlet village for €52m
Patrizia has agreed to acquire Ringsted Outlet, Denmark’s only premium outlet village, through its discretionary value-add fund, TransEuropean VII LP (TEP VII), for DKK...
NEPI Rockcastle pays €250m for Forum Gdansk shopping centre
NEPI Rockcastle has acquired the Forum Gdansk shopping centre from Multi Veste 339 B.V., ultimately owned by Blackstone-managed funds, for €250 million. Forum Gdansk is...
Union Investment signs forward funding deal for Nürtingen development project
Union Investment has acquired the Nürtinger Tor development project via a forward funding deal. The building at Kirchstraße 34–36 in the heart of Nürtingen dates back...
LondonMetric JV buys retail asset in east London for $38m
LondonMetric Property has purchased a triple net retail asset from an open ended property fund for £38 million through one of its joint ventures. This reflects an...