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...
CBRE IM divests shopping center in Eindhoven
CBRE Investment Management (CBRE IM) has sold the Heuvel shopping center in Eindhoven to a partnership between developer 3W Real Estate and investor AT...
Barings acquires four hypermarkets in France
Barings has purchased a portfolio of hypermarkets in France from Cora, a chain of hypermarkets owned by Louis Delhaize Group, on behalf of a pan-European strategy. Located...
Union Investment enters retail real estate market in Portugal
Union Investment has entered the retail real estate segment in Portugal with the acquisition of the Continente Colombo hypermarket in Lisbon. The hypermarket operated by food retailer...
Asda to open 300 new convenience stores in next four years
British supermarket chain Asda plans to open 300 new convenience stores in the next four years across the UK under its new Asda Express...
Copernicus Shopping Center in Poland sells for €127m
NEPI Rockcastle, the owner and operator of shopping centres in Central and Eastern Europe (CEE), has agreed to acquire Copernicus Shopping Center in Torun,...
LondonMetric sells two assets for £28.2m
LondonMetric Property has sold two assets for £28.2 million, reflecting a blended NIY of 4.6%. The REIT sold a 61,000 sq ft retail park in...
