Carmila to acquire Galimmo in €294m deal
Carmila, the third-largest listed owner of commercial property in Europe, has signed an agreement with the controlling shareholders of Galimmo, which owns and operates...
Carrefour to buy Cora and Match stores in France
Carrefour has agreed to acquire the Cora and Match assets in France from the Louis Delhaize group. The Cora and Match banners operate 60 hypermarkets...
LCP snaps up 220,000 sq ft Kidderminster retail park
Commercial property and investment company LCP, part of M Core, has acquired a retail park in Kidderminster, Worcestershire for an undisclosed sum from Nuveen...
Hines buys prime West End asset in London
Hines has acquired the 103,000 square foot, Film House, in the West End of London, on behalf of its Hines European Value Fund 3 (HEVF...
Ares provides £300m senior loan to refinance central London assets
Ares Management Corporation's European Real Estate Debt team has provided a £300 million senior loan to refinance a portfolio comprised of two marquee central...
Gecina divests 101 Champs-Elysées building in Paris CBD
French real estate group Gecina has agreed to sell the 101 Champs-Elysées building in the heart of the “triangle d’or” of the Paris CBD...
LXi REIT divests St Albans retail park for £31m
LXi REIT has sold a retail park in St Albans to a UK institution for £31 million, equating to a net initial yield of 4.7%. The property is let...
IREIT to buy French retail portfolio for €76.8m
Singapore-listed real estate investment trust IREIT Global has agreed to acquire a portfolio comprising of 17 retail properties located across France for approximately €76.8...
Asda to buy EG Group’s UK and Ireland operations for £2.27b
Asda Group has agreed to acquire UK-based independent convenience retailer EG Group’s UK and Ireland operations for £2.27bn. Asda, owned by the Issa brothers, investment funds managed...
URW sells shopping centre in US for $220m
Paris-based commercial real estate company Unibail-Rodamco-Westfield (URW) has sold the Westfield Brandon shopping centre, located in Brandon, Florida, for $220m. The sale price of $220m...