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...
Vastned sells prime retail asset in Amsterdam for €100m
European publicly listed retail property company Vastned has sold Rokin Plaza, a prime retail asset located at Kalverstraat 11 – 17 / Rokin 12...
Perennial-led consortium to fully divest stake in Chinatown Point Mall for S$520m
Sigapore-listed Perennial Real Estate Holdings, an integrated real estate and healthcare company, together with its consortium of investors, has through Perennial Chinatown Point LLP...
Klépierre reopens majority of shopping centers in Europe
European shopping malls investment and management company Klépierre announced that the vast majority of its shopping centers have reopened in Europe. Since early May, restrictive...
LondonMetric announces two acquisitions totaling £73m
LondonMetric Property Plc (LondonMetric) has announced two acquisitions for a total consideration of £72.9 million. Through a £62.0 million sale and leaseback, LondonMetric has acquired a portfolio...
Frasers Property and ESR buy development site in Melbourne
A joint venture between Frasers Property Australia (Frasers Property) and ESR Australia has acquired a 4.67 hectare site at 254 Wellington Road, Mulgrave in...
Debenhams set to close 124 stores in UK
Debenhams has confirmed that its administrators, FRP Advisory, have concluded the initial sale process that was part of their assessment of options for the...
M7 Real Estate disposes three assets in Portugal for €12.2m
M7 Real Estate has sold three assets in Lisbon and Évora, via three separate transactions on behalf of the M7 Portuguese Active Fund for...
UKCM sells retail park to M7 Real Estate for £46.25m
UK Commercial Property REIT Limited (UKCM), which is managed and advised by Aberdeen Standard Investments, has agreed to sell Great Lodge Retail Park in...
URW to reduce energy intensity by 15% in Europe as crisis looms
Unibail-Rodamco-Westfield (URW) said on Wednesday that it would further increase its energy-saving approach across all of its shopping centres to support wider government and...
