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...
M Core strengthens UK retail footprint with four regional acquisitions
M Core has completed the acquisition of four retail and leisure assets across the UK, extending its portfolio into key regional locations as part...
LondonMetric JV buys retail asset in east London for $38m
LondonMetric Property has purchased a triple net retail asset from an open ended property fund for £38 million through one of its joint ventures.
This reflects an...
Lighthouse secures €128m financing for Spanish mall portfolio
Aareal Bank AG has arranged a €128 million top-up facility for Lighthouse Properties plc to support the refinancing of its Nexus Portfolio, expanding the...
Ares and Slate to acquire €300m Polish retail portfolio from Trei
Ares Management Corporation and Slate Asset Management have entered into a joint venture to acquire a portfolio of 36 convenience-led retail parks in Poland...
Supermarket Income REIT announces first acquisition in Wales
Supermarket Income REIT plc has acquired a Tesco supermarket in Prestatyn, North Wales from Ediston Property Investment Company for £26.5 million, representing a net initial yield of 5.3%.
It...
ICSC applauds congressional letter to Treasury and Federal Reserve requesting assistance for CMBS borrowers
As the COVID-19 crisis continues to threaten the viability of the shopping center industry due to the closure of stores and restaurants, ICSC applauds...
Tristan Capital, Kintyre sell German shopping centre
A join venture between Tristan Capital Partners’ core-plus Curzon Capital Partners 4 Fund and operating partner Kintyre has sold the City Carrée Salzgitter shopping...
Peakside and Stoke Park buy 23-asset convenience retail portfolio in Germany
Peakside Capital Advisors AG (Peakside), in partnership with Stoke Park Capital, has acquired a portfolio of 23 convenience retail properties across Germany from Peakside...
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...
Grosvenor agrees to sell shopping center in Stockholm
Grosvenor Europe has agreed to sell Haninge Centrum, a shopping center in Stockholm, Sweden, on behalf of the Grosvenor European Retail Partnership (GERP) fund,...
UK REIT Stenprop sells retail centre in Berlin for €37.45m
Stenprop, a UK REIT company listed on the LSE and the JSE, has agreed to sell its freehold interest in the Victoria Retail Centre...
