Aldi to open 100 new stores in U.S this year
Supermarket giant Aldi announced that it will open approximately 100 new stores in the U.S. in 2021 with a focus on Arizona, California, Florida and the Northeast.
Aldi...
Service Properties Trust announces efforts to mitigate COVID-19 impact
Service Properties Trust (Nasdaq: SVC) announced that due to the uncertainty from the rapidly evolving COVID-19 (coronavirus) pandemic on the U.S. economy generally and...
Catella’s German fund snaps up logistics development in Belgium
The Catella Logistics Germany Plus Fund has acquired a premier logistics development spanning approximately 26,600 sqm through a forward-funding arrangement.
Situated in Maasmechelen, in Belgium's...
Round Hill Capital fund buys German residential portfolio
Round Hill Capital managed European Residential Income Fund II (ERIF II), has acquired a 1,000 unit residential portfolio in East Germany from a subsidiary...
NRF chief economist says pandemic recession could already be easing but ‘no one has...
The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said...
Catella buys energy-positive residential development in Clermont-Ferrand
Catella Residential Investment Management has expanded its portfolio with the acquisition of an Elithis-designed 'energy-positive' residential tower, along with an attached low-rise building development...
Target Healthcare REIT announces £60m equity raise
UK-listed Target Healthcare REIT has raised gross proceeds of £60 million through an oversubscribed issue of 54,054,054 new shares by way of initial issue.
''After...
BioMed Realty acquires development site in Seattle
BioMed Realty, a leading provider of real estate solutions for the life science and technology industries, has acquired two adjacent parcels from Clise Properties...
IGD sells retail portfolio in Italy for €258m
Italian retail real estate company IGD has agreed to sell a majority stake in a portfolio of 13 retail assets in Italy to Sixth...
Stenprop buys three multi-let industrial estates for £18.4m
UK multi-let industrial property company Stenprop has purchased three multi-let industrial estates in Newcastle, Bromborough and Bradford in separate transactions for a total consideration...
LondonMetric completes merger with LXi REIT
LondonMetric Property hass announced the completion of the merger with LXi REIT plc, as the Scheme of Arrangement became effective on March 5, 2024.
Concurrently,...
Lendlease, Ivanhoé Cambridge to build life science project in Boston Landing
Lendlease and Ivanhoé Cambridge have acquired a 1.15-acre land site at 60 Guest Street to develop a life science project in the Boston Landing...
