Sonae Sierra to acquire URW’s German shopping centre management unit
Sonae Sierra has agreed to acquire Unibail-Rodamco-Westfield’s (URW) German business unit dedicated to third-party shopping centre management, Unibail-Rodamco-Westfield Real Estate Management (URW REM).
The...
UK supermarket real estate investor buys Sainsbury’s store for £34m
UK supermarket real estate investor Supermarket Income REIT has acquired a Sainsbury's store in Hessle, East Riding from Reassure Limited for £34.0 million (excluding acquisition costs), reflecting a net initial...
Amazon announces five new utility-scale solar projects to power global operations in China, Australia,...
The five projects include Amazon’s first renewable energy project in China, second in Australia, second and third in Ohio, and 12th in the Commonwealth of...
Landsec’s city square project in Cardiff receives planning approval
Landsec has received planning permission from Cardiff City Council to redevelop the former Debenhams unit at St David’s into a vibrant 102,000 sq ft...
GPT retail portfolio value reduces by 8.8 percent
Australia’s property group and the ASX-listed company GPT Group announced that it has independently revalued its retail portfolio as at 31 May 2020.
The...
DTZ Investors pays £56m for London supermarket
DTZ Investors has acquired a prime London supermarket, let to Sainsbury’s, from Lothbury for £56,250,000.
The site totals 2.5-acres and is entirely demised to...
NEPI Rockcastle makes first move beyond CEE with Spanish acquisition
NEPI Rockcastle has expanded beyond Central and Eastern Europe for the first time with the acquisition of MegaPark Barakaldo, a major retail destination in...
Abrdn sells stake in Bournemouth shopping centre
Delancey and Columbia Threadneedle Investments have acquired a 50% stake in Castlepoint Shopping Park from Abrdn, taking full ownership of the property.
Post acquisition, both Delancey and Columbia Threadneedle...
AEW UK REIT acquires prime retail asset in Hertfordshire for £10m
AEW UK REIT has announced the acquisition of a freehold, high-street retail asset in Hitchin, Hertfordshire, for £10 million.
The acquired property, located at...
Slate expands German portfolio with over €420m in acquisitions
Slate Asset Management has announced the acquisition of 45 grocery properties in Germany, collectively valued at over €420 million.
The properties were acquired through four...
Mitiska REIM divests grocery-anchored retail park in Czech Republic
Mitiska REIM has completed the sale of Retail Park Strakonická in the Czech city of České Budějovice to the Fio Real Estate Fund, the...
GIC, Phoenix Mills to form JV for retail-led mixed-use assets in India
GIC, Singapore’s sovereign wealth fund, and India's retail led mixed-use developer The Phoenix Mills Ltd (PML) have entered into a strategic partnership to form...
