Auchan buys Dia Group’s operations in Portugal for €155m
Auchan has agreed to acquire 100% of Dia Group’s operations in Portugal for €155 million.
Auchan is acquiring 489 Minipreço and Mais Perto stores,...
Brookfield, Simon Property to acquire JCPenney’s retail and operating assets
J.C. Penney Company, Inc. announced that it has reached an agreement in principle to sell JCPenney through a court-supervised sale process. Brookfield Property Group...
Postal Realty Trust to acquire 113-property USPS portfolio
Postal Realty Trust, Inc., an internally managed real estate investment trust that owns and manages properties leased to the United States Postal Service (“USPS”),...
Real IS divests shopping center in France
Real I.S. AG has sold the La Croix-Blanche shopping center in France.
The parties have agreed not to disclose the terms of the transaction.
Completed...
European real estate investment hits lowest H1 level since 2013
Europe's commercial real estate market continues to experience an uneven recovery, with investor confidence repeatedly disrupted by external shocks, according to the latest MSCI...
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...
URW sells Mission Valley shopping centres for $290m
Unibail-Rodamco-Westfield (URW) has completed the sale of both of the parcels which make up the Westfield Mission Valley shopping centres in San Diego, California.
The...
JCPenney files for bankruptcy
JCPenney has filed for Chapter 11 bankruptcy on Friday. The 118-year-old company announced it has entered into a restructuring support agreement(RSA) with lenders holding approximately...
Tristan fund provides £44m debt financing for Birmingham retail park
Tristan Capital Partners’ TIPS 1 income plus real estate debt fund has provided £44 million of senior debt to finance Invesco Real Estate’s acquisition...
Allianz provides €400m funding for Westfield Centro retail center in Germany
Allianz Real Estate has provided €400 million in sustainability-linked debt funding for the refinance of the Westfield Centro retail center in Oberhausen, Germany.
The funding,...
NEINVER, Nuveen Real Estate JV opens first outlet centre in Netherlands
A joint venture between NEINVER and Nuveen Real Estate announced the opening of Amsterdam The Style Outlets, the first outlet centre in the Greater...
Qatar Investment Authority buys stake in Istanbul shopping mall
Qatar Investment Authority (QIA) is partnering with Doğuş Group and Orjin Group in IstinyePark, one of the biggest shopping malls in Istanbul, Turkey.
Doğuş Group has...
