Savills : 89% believe the office is vital, but needs to change
According to a survey undertaken by international real estate advisor Savills, up to 89% of respondents believe that physical office space remains a necessity...
AllSaints announces CVAs proposal for UK and US store portfolio
Global contemporary fashion retailer AllSaints, headquartered in East London, has launched a CVAs (Company Voluntary Arrangements) proposal for its store portfolio in the UK...
Safestore, Carlyle JV buys Belgian self-storage portfolio
A joint venture between UK-based self-storage group Safestore and global investment firm The Carlyle Group has acquired a six-store portfolio of self-storage units from Lokabox.
Lokabox has...
Union Investment buys two micro-living properties in Düsseldorf and Hamburg
Union Investment has acquired two planned micro-living properties in Düsseldorf and Hamburg comprising a total of 250 apartments for its Urban Living Nr....
Savills IM acquires logistics complex in Ansbach, Germany
Savills Investment Management (Savills IM) has acquired a logistics complex in Ansbach, Germany from ECE Projektmanagement. The parties have agreed not to disclose the...
British retail group Tesco to sell its business in Poland
British retail group Tesco has agreed to sell its business in Poland to Denmark's retail group Salling Group A/S for £181m. The deal includes...
ESR closes US$1bn development JV to invest in South Korea logistics properties
APAC focused logistics real estate platform ESR Cayman Limited (ESR), has announced the closing of its development joint venture ESR-KS II with APG and...
Allianz acquires prime office asset in Rome for €200m
Allianz Real Estate has acquired a prime office asset in the central business district of Rome for €200 million from Omega Fund, a closed-end...
Mapletree Logistics Trust to acquire warehouse in Brisbane, Australia
Singapore-based Mapletree Logistics Trust has entered into a conditional agreement with 115 Rudd St Pty Ltd to acquire a newly built freehold warehouse in...
Americold Realty Trust to expand infrastructure network in New Zealand
Expansion adds 4.6 million cubic feet of temperature-controlled capacity to existing facility
Americold Realty Trust (NYSE: COLD) (the “Company” or “Americold”), the world’s largest publicly...
May retail sales improve dramatically over April but still below last year
Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending...
Simon Property, Brookfield in talks to acquire JC Penney
Simon Property Group and Brookfield Property Partners, the biggest mall owners in the United States, and Authentic Brands Group LLC are in talks to acquire bankrupt department-store...
