Beaumont Leys Shopping Centre in Leicester acquired by Evolve Estates
Evolve Estates has further strengthened its presence in the retail sector with the acquisition of Beaumont Leys Shopping Centre in Leicester.
The 10-acre site,...
Mitiska REIM acquires prime retail center in Slovakia
Mitiska REIM has announced the acquisition of OC Cassovia, a prominent grocery-anchored retail center located in Košice, Slovakia’s second-largest city.
The acquisition was made on...
Frasers snaps up Glasgow’s Braehead Shopping Centre
Frasers Group has added Scotland’s largest retail and leisure destination, Braehead Shopping Centre, to its growing property portfolio.
The 1 million sq ft centre, located...
NewRiver closes £240m refinancing, returns to unsecured structure
NewRiver has agreed a new £240 million unsecured financing package, enabling the UK real estate investment trust to return to a fully unsecured debt...
Goldman Sachs to acquire LCN Capital Partners
Goldman Sachs has agreed to acquire LCN Capital Partners, a North America- and Europe-focused investment manager specialising in sale-leaseback, build-to-suit and triple net lease...
Gaw Capital and DJM acquire Hollywood & Highland
DJM, a San Jose-based private equity real estate and development firm, and Gaw Capital USA, a Hong Kong and Los Angeles-based real estate private equity...
Simon Property Group to acquire Taubman Centers in $3.6bn deal
Simon Property Group will acquire an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG) in a deal valued at about $3.6...
U.S retail industry associations unveil reopening plan
The Retail Industry Leaders Association (RILA) and the National Retail Federation (NRF), two top retail industry associations in the U.S, on Monday released a Blueprint for...
JC Penney to close 154 stores
JC Penney announced that it plans to close 154 stores as a part of its store optimization strategy. Closing sales are expected to begin...
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:
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