Savills IM disposes of retail properties in Denmark and the Netherlands
Savills Investment Management (Savills IM) has sold two retail properties in Denmark and the Netherlands, including a fully let mixed-use asset in central Copenhagen...
Saudi Arabia’s Arbah Capital buys retail property in Glasgow for £60m
Saudi-based Arbah Capital has acquired a landmark retail property, Sauchiehall Building, in Glasgow, UK, for £60 ($76) million through a shariah compliant investment structure.
The...
ECE Fund acquires shopping center in Oviedo, Spain for €290m
ECE European Prime Shopping Centre Fund II has acquired intu Asturias, a shopping center in Oviedo, Spain for €290.0 million from a joint venture...
intu provides intu Merry Hill car park for Covid-19 mobile testing unit
intu has provided a car park at intu Merry Hill to the Department of Health and Social Care to create a pop-up mobile Covid-19...
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...
RDI sells UK retail parks portfolio for £156.9m
UK Real Estate Investment Trust RDI has agreed to sale its UK retail parks portfolio of six assets for £156.9 million to M7 Real Estate Limited, on behalf of M7...
Turkey’s Doğuş Group to sell stake in Istanbul shopping mall for $1bn
Turkey-based The Doğuş Group is selling its 42 percent stake in IstinyePark, one of the biggest shopping malls in Istanbul, Turkey for around $1...
Swiss chocolate company to open 34 stores in U.S
Switzerland-based chocolate company Läderach – Chocolatier Suisse has signed an asset purchase agreement allowing it to take over the leases of 34 Godiva locations across the United States.
''Although the parties have...
LaSalle buys Class A retail, trophy office and land in Canada
LaSalle Investment Management's LaSalle Canada Property Fund has acquired a portfolio of properties in Montreal and Vancouver from Ivanhoé Cambridge.
The portfolio includes: -A...
Supermarket Income REIT grows omnichannel portfolio with £73.2m buy
Supermarket Income REIT has expanded its omnichannel store portfolio wthi the acquisition of Tesco supermarket in Sheffield, Yorkshire, for £73.2 million, representing a net initial yield of 4.5%.
The store was...
Redevco buys majority stake in Redos
Redevco has acquired a majority stake in Redos, the Hamburg-based large-scale retail and urban logistics property investment specialist.
Founded in 2004, Redos operates retail warehouse...
URW partners with Mill Creek on Westfield Garden State Plaza development
Unibail-Rodamco-Westfield (URW) has selected Mill Creek Residential (MCR) as co-developer for the first-phase of a multi-faceted, mixed-use development at Westfield Garden State Plaza in Bergen County, New...
