PAG-led consortium to invest $8.3bn in world’s largest shopping mall manager
Asia Pacific-focused private equity firm PAG has joined forces with a group of investors to acquire a significant stake in Newland Commercial Management, the...
Tikehau to develop €52m business hub in Porto city center
Tikehau Capital has announced the development of a new business hub in downtown Porto, with a total investment of €52 million, through its real...
Roadside JV snaps up Lidl store portfolio in £70m deal
Roadside, its joint venture with Meadow Real Estate Fund VI LP, has agreed to acquire 12 stores from Lidl Great Britain Limited for £70...
LondonMetric sells ten non-core properties for £74m
LondonMetric Property has divested ten non-core properties for a total consideration of £74.2 million (LondonMetric share: £69.4 million) and reflecting a NIY of 6.9%.
The...
Helios RE Socimi secures €810m financing for Lar España retail portfolio
Helios, the consortium formed by Hines European Real Estate Partners III and Grupo Lar, has secured €810 million in financing to refinance the portfolio...
London’s New Bond Street becomes world’s most expensive retail location
London’s New Bond Street has been ranked the world’s most expensive retail destination for the first time, with headline rents rising 22% year-on-year to...
Eurofund acquires Italian shopping centre in JV with Frasers Group
Eurofund Group has expanded its pan-European footprint with the acquisition of the Grotte Center shopping mall in Italy’s Marche region, forming a joint venture...
NBIM partners with Sonae Sierra on €1.5bn Spanish shopping centre deal
Norges Bank Investment Management (NBIM) and Sonae Sierra have formed a joint venture that has agreed to acquire a portfolio of eight shopping centres...
Benson Elliot acquires German retail portfolio for €175 million
Benson Elliot has acquired German retail portfolio from Brack Capital Properties for €175 million.
The portfolio comprises 100,600 sqm of lettable space across three...
VTS announces new product offering VTS Retail and Retail Advisory Board
VTS, the commercial real estate industry’s leading leasing and asset management platform, today announced VTS Retail—the industry’s only leasing platform designed specifically for the retail...
Amazon to hire 75,000 more workers amid coronavirus pandemic
On March 16, Amazon had announced it would hire an additional 100,000 people in full and part-time jobs across its operations network 'to keep...
Capco agrees to acquire stake in Shaftesbury for £436m
Capital & Counties Properties PLC (Capco) has agreed to acquire a 26.3% shareholding in Shaftesbury PLC (Shaftesbury) across two tranches for total consideration of...
