Simon Property terminates $3.6bn Taubman agreement
Simon Property Group, the largest U.S. shopping mall owner and an S&P 100 company, said it has exercised its contractual rights to terminate its February 9, 2020 merger...
ULI : COVID-19 to accelerate restructure of retail property sector
A new update from the Urban Land Institute (ULI) to its Reshaping Retail report, which was published earlier this year prior to the coronavirus pandemic taking...
NEINVER reopens its retail properties in Europe
European outlet developer and operator NEINVER reopened its four Greater Madrid and Barcelona outlet centres in Spain, thus resuming operations across all its retail...
GPT retail portfolio value reduces by 8.8 percent
Australia’s property group and the ASX-listed company GPT Group announced that it has independently revalued its retail portfolio as at 31 May 2020.
The...
Charter Hall buys Sydney logistics facility for $115m
Charter Hall has acquired a Sydney logistics facility at 40-66 Lockwood Drive, Erskine Park for its Charter Hall Prime Industrial Fund (CPIF) and Charter...
Gaw Capital acquires Grade A office building in Hangzhou
Hong Kong-based real estate private equity firm Gaw Capital Partners has acquired Euro America Financial City (EFC) Tower 6, a 46-storey premium Grade A office...
Barings acquires Swedish logistics assets for €92m
Global real estate investment manager Barings has acquired four Swedish logistics assets, on behalf of institutional investors, for c. €92 million through a sale...
Ascott Residence Trust to join international real estate investment index
Ascott Residence Trust (ART), the hospitality trust in Asia Pacific, announced it will be included in the FTSE EPRA Nareit Global Real Estate Index...
SEGRO buys urban warehouse estate in West London for £202.5m
SEGRO plc, a UK Real Estate Investment Trust (REIT), has acquired Perivale Park, a 34 acre urban warehouse estate in Perivale, West London, from Federated Hermes for £202.5...
Allianz Real Estate buys prime office building in Budapest
Allianz Real Estate has acquired Eiffel Square, a prime office building located in Budapest's central business district (CBD), in an off-market transaction. The 10-year-old complex...
JC Penney to close 154 stores
JC Penney announced that it plans to close 154 stores as a part of its store optimization strategy. Closing sales are expected to begin...
Food Lion to acquire 62 stores across Carolinas and Georgia
Food Lion, based in Salisbury, N.C and a company of Ahold Delhaize USA, the U.S. division of Zaandam-based Ahold Delhaize, has agreed to purchase 62...
