CPI sells retail park portfolio for €324m
Czech real estate investor CPI Property Group (CPIPG) has agreed to sell a retail park portfolio to Austrian real estate company Immofinanz for €324.2...
URW divests shopping centre in Valencia for €305m
Unibail-Rodamco-Westfield (URW) has announced an agreement to sell Bonaire, a prominent open-air shopping centre in Valencia, Spain, to Castellana Properties, the Spanish subsidiary of...
Industrial and retail sectors drive investor optimism in UK CRE market
UK commercial real estate (CRE) capital values remained flat throughout April 2024, according to the latest CBRE UK Monthly Index.
Rental values increased steadily...
Mitiska REIM adds Venlo retail convenience center to portfolio
Mitiska REIM, on behalf of the MEREP 3 fund, has completed the acquisition of Trefbox Venlo retail convenience center in the Netherlands from HighBrook...
Ingka Centres buys Italie Deux shopping center in Paris
IKEA’s shopping malls arm Ingka Centres, part of the Ingka Group, has acquired the Italie Deux shopping center together with the recent high-street extension...
URW issues €750m bond under green financing framework
Unibail-Rodamco-Westfield (URW) has priced a €750 million green bond with a 7-year maturity, marking a significant step in the Group’s ongoing financing strategy.
The bond,...
Target temporarily closes stores due to protest dangers
Minneapolis-based retail giant Target Corporation has closed temporarily its six stores which were looted and damaged during protests sparked across the US by the...
Niam sells shopping centre in Helsinki for €207m
Nordic real estate private equity firm Niam has sold a shopping centre in Helsinki metropolitan area to Keva, Finland's largest pension provider, for €207 million.
Kaari...
Citycon sells shopping center in Norway
Citycon has agreed to sell Stopp Tune shopping center in Sarpsborg, Norway for €20 million.
The price is close to the latest IFRS fair...
Garbe buys retail park in North Rhine-Westphalia for retail property fund
Garbe Institutional Capital, in its capacity as an asset manager, has secured an additional investment property for the retail property fund Enga Handelsimmobilien-fonds Nr....
Mitiska REIM secures €50m co-investment from EBRD
Mitiska REIM has announced a €50 million co-investment secured from the European Bank for Reconstruction and Development (EBRD).
This contribution, alongside the MEREP 3...
ICG Real Estate snaps up €222m retail grocery portfolio in Italy
ICG Real Estate (ICGRE), the real estate division of global alternative asset manager ICG, in partnership with GRR GARBE Retail and a German institutional...
