NRF chief economist says pandemic recession could already be easing but ‘no one has...
The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said...
Thompson Thrift to develop shopping center in Naperville, Illinois
Thompson Thrift Retail Group, a wholly-owned company of Indianapolis-based Thompson Thrift, has acquired a 4.2 acres of land to develop a $19 million shopping...
CPP Investments acquires ownership of Trafford Centre in UK
Canada Pension Plan Investment Board (CPP Investments), through its wholly owned subsidiary CPPIB Credit Investments Inc (CPPIB Credit), has acquired the ownership of prime...
Chariot sells 4 retail parks in Poland to EPP for €106m
Chariot Top Group BV, a company managed by Griffin Real Estate, has sold 4 retail parks located in Olsztyn, Opole, Kielce and Tychy to...
Aldi to grow UK retail estate with 100 new stores in next two years
Supermarket giant Aldi plans to invest £1.3 billion over the next two years (2022-2023) in a bid to further accelerate its share of the...
URW to sell 45% stake in €1bn Paris shopping centre
Unibail-Rodamco-Westfield(URW) has agreed to sell a 45% stake in the Westfield Carré Sénart shopping centre, Greater Paris to Societe Generale Assurances and BNP Paribas...
URW rebrands three flagship centres in Madrid, Stockholm and Warsaw
Unibail-Rodamco-Westfield (URW) today announced the rebranding of three shopping centres, rolling out the Westfield brand to Parquesur in Madrid, Taby Centrum in Stockholm, and...
Deka sells retail property in Paris
Deka Immobilien has sold a retail property located in Paris to a joint venture between AnaCap Financial Partners and Freo Group.
The parties have...
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...
Lar España sells two retail parks in Spain for €129m
Spanish real estate firm Lar España has completed the sale of the Rivas Futura and Vistahermosa retail parks, comprising a total of 70,210 square...
URW issues €750m green bond
Unibail-Rodamco-Westfield (URW) has successfully issued a €750m green bond with a 7-year maturity and a fixed coupon of 4.125% (i.e. mid swap + 145...
Kering acquires Milan building from Blackstone for €1.3bn
Gucci owner global luxury group Kering has announced the acquisition of the company owning the iconic and historic Milanese building on via Monte Napoleone...
