CORESTATE divests commercial property portfolio in Germany
CORESTATE Capital, an investment manager and co-investor with approximately Euro 26 billion in assets under management, has divested a large mixed real estate portfolio...
ICSC calls on Canadian leadership to support Canada’s shopping centre industry
The COVID-19 crisis is threatening the viability of the shopping centre industry as stores and restaurants close to help contain the spread of the...
Legal & General sells London retail asset for £25m
Legal & General, on behalf of its BMW (UK) Trustees fund, has sold 36-46 St John’s Road, Clapham Junction, a prime London retail asset,...
IKEA to acquire prime real estate in Paris
Ingka Investments, the owner and operator of 381 IKEA stores, has agreed to acquire a prime real estate in the heart of Paris.
The...
Walmart agrees to sell UK business Asda for £6.8bn
The Issa brothers, founders and co-CEOs of EG Group, a global convenience and forecourts retailer, headquartered in Blackburn, UK, and TDR Capital, a UK-based...
Charter Hall buys David Jones Sydney CBD store for $510m
Charter Hall Group has agreed to purchase the David Jones flagship Elizabeth Street store, located at 86-108 Castlereagh Street, Sydney for A$510 million.
The Charter...
Slate Grocery REIT to acquire $390m grocery-anchored portfolio
Slate Grocery REIT, an owner and operator of U.S. grocery-anchored real estate, has agreed to acquire a grocery-anchored portfolio comprising 25 properties and 3.1...
Savills IM buys neighbourhood shopping scheme in Amsterdam for €51m
Savills Investment Management (Savills IM) has purchased the “Bos en Lommerplein” neighbourhood scheme in Amsterdam for €51 million on behalf of its European Food...
LondonMetric sells Solihull property for £15m
LondonMetric has sold a car showroom in Solihull for £15 million, reflecting a NIY of 4.75%.
The 52,000 sq ft asset was acquired as part...
Oaktree, CURA to make voluntary public takeover offer for Deutsche EuroShop
Oaktree Capital Management and CURA Vermögensverwaltung, the family office of the Otto family and parent company of ECE Group, through Hercules BidCo GmbH, will...
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...
Supermarket Income REIT completes sale of Sainsbury’s portfolio interest
Supermarket Income REIT has completed the the sale of its interest in the Sainsbury's Reversion Portfolio.
The company has therefore received £279.3 million in respect of the...
