Microsoft to close its retail stores
Microsoft Corp. announced on Friday it will close its Microsoft Store physical locations around the world.
Microsoft said its retail team members will continue to...
Aldi to open 100 new stores across UK with £1.3bn investment plan
Supermarket giant Aldi, Britain’s fifth largest supermarket with 894 stores and more than 36,000 employees, announced it plans to invest £1.3 billion over the next...
EG Group to acquire petrol station chain in Germany for €485m
UK based EG Group, owned by Co-CEOs Mohsin and Zuber Issa brothers, has reached an agreement to acquire a 285 chain of petrol station...
LondonMetric sells retail assets to Realty Income for £40.9m
LondonMetric Property Plc has sold a portfolio of retail assets to Realty Income, an S&P 500 US REIT, for £40.9 million, reflecting a blended...
Landsec sells two retail parks for £54.3m
Landsec has sold two retail parks, Derwent Howe Retail Park and Blackpool Retail Park, for £54.3 million, representing an average 15% premium to the...
British Land signs four new leases with Aldi totaling 85,000 sq ft
British Land has signed four new lease agreements with supermarket giant Aldi at its retail parks, totaling c.85,000 sq ft of space, across the...
Shaftesbury makes £27.5m acquisition in Soho
Shaftesbury has acquired a 200 year ungeared leasehold interest in the lower floors of 92-104 Berwick Street in Soho, London's West End, for £27.5...
Supermarket Income REIT adds Wales Tesco store to portfolio
Supermarket Income REIT has acquired a Tesco store in Llanelli, South Wales, for £66.8 million, reflecting a net initial yield of 5.3%.
The store was developed...
Savills IM sells retail property in Berlin
International real estate investment manager Savills Investment Management (Savills IM) has sold a hypermarket in Berlin-Spandau on behalf of the European Retail Fund (ERF)....
M7 Real Estate divests retail park in Portugal
M7 Real Estate has agreed to sell IN Guarda Retail Park in Portugal to CA Património Crescente Fund, managed by real estate fund manager...
Savills acquires Central London retail business Nash Bond
Savills UK has acquired Nash Bond Ltd, a retail agency and lease consultancy business based in Central London.
The acquisition provides Savills with the opportunity...
PAG-led consortium to invest $8.3bn in world’s largest shopping mall manager
Asia Pacific-focused private equity firm PAG has joined forces with a group of investors to acquire a significant stake in Newland Commercial Management, the...
