July increase in retail sales continues recovery from coronavirus pandemic
Retail sales continued to recover from the impact of the coronavirus pandemic in July, growing more slowly than the month before but adding to...
JCPenney gets court approval for asset purchase agreement with Brookfield, Simon
JCPenney announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved the asset purchase agreement with Brookfield Asset Management, Simon...
LondonMetric acquires convenience service stations for £21.9m
LondonMetric Property Plc has acquired convenience service stations for £21.9 million across three separate transactions, reflecting a blended NIY of 5.1%.
The transactions comprise:
-...
Deka acquires Dublin property from Aviva for €25m
Deka Immobilien has purchased an office and commercial building in Dublin from Aviva for €25 million.
Deka said the property in Dublin is to be incorporated...
Supermarket Income REIT buys Sainsbury’s store for £75.8m
Supermarket Income REIT has purchased Sainsbury's store in Cannock, Staffordshire from a client of CBRE Investment Management for £75.8 million, representing a net initial yield of 4.0%.
The Sainsbury's store opened in 1997...
Slate expands essential real estate portfolio in Norway with new acquisition
Slate Asset Management has expanded its European portfolio with the acquisition of a portfolio of 36 essential real estate assets in Norway for over...
MRM buys two shopping centres in France for €90.4m
MRM, owns and manages a portfolio of primarily retail properties in various regions of France, has agreed to acquire two shopping centres, located in...
URW divests property in Los Angeles for $325m
Unibail-Rodamco-Westfield (URW) has sold The Village, an outdoor lifestyle destination in the San Fernando Valley of Los Angeles, to the Kroenke Organization for $325 million.
The...
Macquarie to invest in Best in Parking
Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, has agreed to acquire a minority stake in car park company Best in Parking AG,...
Shopping centre in Londonderry sells for £27m
Savills Northern Ireland has completed the sale of the iconic Foyleside Shopping Centre in Derry/Londonderry, in Northern Ireland, a prime retailing destination in the...
AM Alpha acquires retail park in Portugal
Global real estate investment family office AM Alpha has purchased a retail park in Sintra with a lettable area of over 20,000 sqm.
The...
Capital & Regional in takeover talks as bids emerge
UK focused retail property REIT Capital & Regional has responded to recent speculation in the press regarding potential acquisition offers.
Capital & Regional confirmed that...
