Aldi to grow UK retail estate with 100 new stores in next two years
Supermarket giant Aldi plans to invest £1.3 billion over the next two years (2022-2023) in a bid to further accelerate its share of the...
URW to sell 45% stake in €1bn Paris shopping centre
Unibail-Rodamco-Westfield(URW) has agreed to sell a 45% stake in the Westfield Carré Sénart shopping centre, Greater Paris to Societe Generale Assurances and BNP Paribas...
URW rebrands three flagship centres in Madrid, Stockholm and Warsaw
Unibail-Rodamco-Westfield (URW) today announced the rebranding of three shopping centres, rolling out the Westfield brand to Parquesur in Madrid, Taby Centrum in Stockholm, and...
Deka sells retail property in Paris
Deka Immobilien has sold a retail property located in Paris to a joint venture between AnaCap Financial Partners and Freo Group.
The parties have...
Supermarket Income REIT sells Sainsbury’s portfolio interest for £431m
Supermarket Income REIT has exchanged contracts to sell its interest in the Sainsbury's Reversion Portfolio (SRP Portfolio) to Sainsbury's for £430.9 million.
The sale completes the...
Lar España sells two retail parks in Spain for €129m
Spanish real estate firm Lar España has completed the sale of the Rivas Futura and Vistahermosa retail parks, comprising a total of 70,210 square...
URW issues €750m green bond
Unibail-Rodamco-Westfield (URW) has successfully issued a €750m green bond with a 7-year maturity and a fixed coupon of 4.125% (i.e. mid swap + 145...
Kering acquires Milan building from Blackstone for €1.3bn
Gucci owner global luxury group Kering has announced the acquisition of the company owning the iconic and historic Milanese building on via Monte Napoleone...
LondonMetric sells retail and office properties for £27m
LondonMetric Property has sold five properties, in separate transactions, for £26.7 million, reflecting a 6% profit over 31 March 2024 book values.
The retail and...
Blackstone bets big on grocery-anchored retail with $4bn acquisition
Blackstone Real Estate Partners X, a fund managed by Blackstone, has entered into a definitive agreement to acquire all outstanding shares of Retail Opportunity...
ICG Real Estate snaps up €222m retail grocery portfolio in Italy
ICG Real Estate (ICGRE), the real estate division of global alternative asset manager ICG, in partnership with GRR GARBE Retail and a German institutional...
Peakside and Stoke Park buy 23-asset convenience retail portfolio in Germany
Peakside Capital Advisors AG (Peakside), in partnership with Stoke Park Capital, has acquired a portfolio of 23 convenience retail properties across Germany from Peakside...
