Charter Hall Retail REIT acquires interest in Sydney shopping centres
Charter Hall Retail REIT has agreed to acquire a 20% interest in a $281 million portfolio comprising two Sydney metropolitan shopping centres anchored by...
Scentre Group sells 50% interest in Westfield Burwood, Sydney
Scentre Group announced the Perron Group will be a new 50% joint venture partner in Westfield Burwood in Sydney. Perron Group will pay $575...
URW forms Saudi partnership to launch Westfield-branded destinations
Unibail-Rodamco-Westfield (URW) has signed a landmark strategic and franchising agreement with Cenomi Centers, Saudi Arabia’s foremost shopping centre developer and operator.
The 10-year partnership,...
Generali, ECE buy shopping centre in Munich
Generali Real Estate and ECE Real Estate Partners have purchased the Pep Shopping Centre in Munich Neuperlach, as part of a 50/50 joint venture.
Generali Real Estate has acquired a...
GPE offloads 1 Newman Street in £250m West End deal
Great Portland Estates plc (GPE) has finalised the sale of its flagship West End asset, 1 Newman Street, W1, to Royal London Asset Management...
Mitiska REIM sells land plot for theme park at Europa Centralna
European convenience real estate investor Mitiska REIM has sold a 6.7ha land plot to Momentum Leisure to develop a theme and water park at...
Union Investment sells shopping centre in Poland for €373m
Union Investment has profitably divested the Magnolia Park shopping centre in Wroclaw, Poland.
The company sold the shopping centre to NEPI Rockcastle, the owner and...
Supermarket Income REIT secures £215m loan for grocery asset joint venture
Supermarket Income REIT plc has announced the completion of a £215 million secured loan for its joint venture with funds managed by Blue Owl...
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...
Focus Estate Fund adds second UK shopping centre to portfolio
Focus Estate Fund has completed the acquisition of its second shopping centre, the Kingdom Centre in Glenrothes, Scotland, in the UK.
This investment follows...
TDR Capital to acquire Zuber Issa’s shares in Asda
UK-based private equity firm TDR Capital, through its funds, has agreed to acquire Zuber Issa’s shares in Asda.
Mohsin Issa will remain a co-owner...
NEPI Rockcastle acquires Poland’s Silesia City Center for €405m
NEPI Rockcastle has agreed to purchase the Silesia City Center shopping centre in Katowice, in the Silesia province of southern Poland, for €405 million.
This...
