IKEA’s shopping malls arm Ingka Centres enters Indian market
Swedish home furnishings retailer IKEA’s shopping malls business Ingka Centres has entered the Indian market by acquiring a major land in Uttar Pradesh, India. The 47,833...
JV buys The Moor in Sheffield for £41m
NewRiver REIT and its joint venture partner RAVO Strategies III LLC have agreed to acquire The Moor, a 28 acre estate in Sheffield city...
Grosvenor agrees to sell shopping center in Stockholm
Grosvenor Europe has agreed to sell Haninge Centrum, a shopping center in Stockholm, Sweden, on behalf of the Grosvenor European Retail Partnership (GERP) fund,...
Swiss chocolate company to open 34 stores in U.S
Switzerland-based chocolate company Läderach – Chocolatier Suisse has signed an asset purchase agreement allowing it to take over the leases of 34 Godiva locations across the United States. ''Although the parties have...
Supermarket Income REIT increases its stake in Sainsbury’s portfolio
Supermarket Income REIT plc has acquired a further stake in the beneficial interest in Sainsbury’s Reversion portfolio, one of the UK's largest portfolios of supermarket...
Supermarket Income REIT buys Sainsbury’s store in Northern Ireland
Supermarket Income REIT plc has acquired a Sainsbury's store in Bangor, County Down, Northern Ireland for £24.8 million, representing a net initial yield of...
Mitchells & Butlers to raise £350 million in equity
UK pub operator Mitchells & Butlers anounced on Monday that it will raise £350 million in equity from its largest shareholders by the proposed...
Citycon sells three shopping centres in Sweden for €147m
Citycon has agreed to sell a portfolio of three shopping centres in Sweden to Nordic real estate private equity firm Niam for SEK 1,483...
Aldi to open 100 new stores in U.S this year
Supermarket giant Aldi announced that it will open approximately 100 new stores in the U.S. in 2021 with a focus on Arizona, California, Florida and the Northeast. Aldi...
EG Group to acquire Asda forecourt business for £750m
EG Group has agreed to acquire certain assets of Asda, comprising its petrol filling stations, car washes and ancillary land (Forecourt Business) for £750m. In...