Newcastle Shopping Park changes hands in £40.5m transaction
Orchard Street Investment Management, acting on behalf of a pension fund client, has completed the acquisition of Newcastle Shopping Park, a dominant foodstore-anchored retail...
Redevco adds three Spanish assets to pan-European retail parks fund
Redevco has acquired three retail parks in Spain for its Redevco European Retail Parks (RERP) Fund, marking a rapid expansion of its Iberian footprint...
Union Investment, Nuveen sell Manhattan retail asset to Stockbridge
Union Investment and Nuveen Real Estate have sold the retail property at 1511 Third Avenue on Manhattan’s Upper East Side to U.S. real estate...
Landsec to acquire Metrocentre shopping centre in £516m deal
Landsec has exchanged contracts to acquire a 100% stake in Metrocentre in Gateshead from Tynehawk Holdings (Jersey) Limited for a net cash consideration of...
Yuhu Group completes acquisition of Sydney’s Bakehouse Quarter
Chinese-backed YuHu Group announced that the acquisition of Bakehouse Quarter,commercial and retail precinct in Sydney, from Kirela Development Unit Trust has been completed on...
Intu sells retail park in Lisburn, Northern Ireland
Intu properties plc (‘intu’) has sold Sprucefield Retail Park to NewRiver REIT Plc for £40 million.
Sprucefield Retail Park is one of Northern Ireland's leading out-of-town retail...
Coronavirus impact on imports expected to be larger and last longer than previously expected
The coronavirus outbreak is expected to have a longer and larger impact on imports at major U.S. retail container ports than previously believed as...
Williams-Sonoma extends temporary closure in US and Canada
Williams-Sonoma, a specialty retailer of products for the home, announced that it will extend its temporary closure of U.S. and Canada stores through May...
Taubman Centers shareholders approve merger with Simon Property Group
Taubman Centers, Inc. (NYSE: TCO) (the “Company”) announced that, at a special meeting of shareholders, its shareholders today approved and adopted the previously announced...
Simon to close properties on Thanksgiving Day
Simon Property Group, the largest shopping center owner in the U.S., announced it will not open properties on Thanksgiving Day.
"In these challenging times, we made...
Debenhams set to close 124 stores in UK
Debenhams has confirmed that its administrators, FRP Advisory, have concluded the initial sale process that was part of their assessment of options for the...
RPT Realty announces new net lease retail real estate platform
RPT Realty has formed a new core net lease retail real estate platform with co-investors GIC Private Limited, Zimmer Partners and Monarch Alternative Capital LP.
GIC,...
