Carmila acquires shopping centre in Malaga for €25m
Carmila, the third-largest listed owner of commercial property in continental Europe, has agreed to acquire Rosaleda, a shopping centre in Malaga, Southern Spain, for...
Värde Partners to sell stake in Greek shopping center owner for €109m
Värde Partners has agreed to sell its 31.7% stake in Lamda Malls S.A. to the company’s majority shareholder, Lamda Development, for €109 million. Lamda...
Oaktree, CURA to make voluntary public takeover offer for Deutsche EuroShop
Oaktree Capital Management and CURA Vermögensverwaltung, the family office of the Otto family and parent company of ECE Group, through Hercules BidCo GmbH, will...
LondonMetric buys two retail properties for £23m
LondonMetric has purchased a portfolio comprising two NNN retail properties for £23.3 million, reflecting a blended NIY of 6.7%. The retail properties generate a rent...
URW rebrands three flagship centres in Madrid, Stockholm and Warsaw
Unibail-Rodamco-Westfield (URW) today announced the rebranding of three shopping centres, rolling out the Westfield brand to Parquesur in Madrid, Taby Centrum in Stockholm, and...
Shaftesbury makes £27.5m acquisition in Soho
Shaftesbury has acquired a 200 year ungeared leasehold interest in the lower floors of 92-104 Berwick Street in Soho, London's West End, for £27.5...
M7 Capital provides £19m loan to refinance five-property portfolio
M7 Capital has provided, on behalf of its UK debt fund TREC II, a £19 million loan to refinance a portfolio managed by Avignon...
McDonald’s to exit Russian market, sell restaurants
McDonald’s Corporation said Monday that it will exit the Russian market and has initiated a process to sell its Russian business, after more than...
LondonMetric sells four assets for £34.2m
LondonMetric has sold four assets, in separate transactions, for £34.2 million, reflecting a blended NIY of 4.1%. The combined sale price is 35% above its 30...
UK CRE capital values rise 1.3%, driven by retail warehouses
UK commercial real estate(CRE) capital values rose 1.3% in April 2022, according to the latest CBRE Monthly Index. This growth was driven by retail...