Union Investment buys two retail properties in Madrid and Brussels
Union Investment has acquired two retail properties in Madrid and in Brussels for special fund UII EuropeanM. The parties agreed not to disclose the...
7‑Eleven to acquire convenience store chain for $21bn
7‑Eleven, Inc. (7‑Eleven), the largest chain in North America convenience-retailing industry, has entered into an agreement to acquire Speedway, a convenience store chain, from Marathon...
California Pizza Kitchen files for voluntary Chapter 11 restructuring
Will Continue to Operate in the Ordinary Course throughout Restructuring ProcessComprehensive Financial Restructuring and Committed Financing will Position CPK for Long-Term Success California Pizza Kitchen...
David Jones sells Bourke Street Mall menswear store in Melbourne for $121m
David Jones has sold its menswear store at 299 Bourke Street Mall to Australian-based investor Newmark Capital for $121 million, progressing with the retailer’s...
Supermarket Income REIT buys Tesco store for £61m
Supermarket Income REIT, the UK supermarket real estate investment trust, has acquired the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for £61.0 million (excluding acquisition costs), reflecting...
CBRE: New York City retail sector adapt to new reality
New York City’s retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the COVID-19 pandemic, according to CBRE’s...
Supermarket Income REIT buys Waitrose portfolio for £74.1m
Supermarket Income REIT plc has acquired a portfolio of supermarkets via a sale and leaseback transaction with Waitrose & Partners (Waitrose) for £74.1 million (excluding acquisition costs), reflecting a...
Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund
Singapore listed Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), said it will acquire additional 12% interest in AsiaRetail Fund Limited...
Primewest buys two shopping centres from Charter Hall
ASX listed Primewest (PWG), a property fund manager with over A$4.5 billion of assets under management across all mainland states of Australia and the...
Taubman Centers opens all properties in U.S. and Asia
Taubman Centers, Inc. announced that it has opened 100 percent of its shopping centers in the U.S. and Asia. The company said most U.S....
