M Core and Hermes launch €500m Iberian retail joint venture

M Core and Hermes Properties launch Iberian retail joint venture

M Core has entered a strategic joint venture with Hermes Properties, a subsidiary of JJ Matriz Capital and a developer in the Iberian retail...
CBRE IM acquires shopping centre in Madrid

Shopping centre in Madrid acquired by CBRE IM

CBRE Investment Management has acquired Parque Corredor, a regional shopping centre in Madrid, on behalf of one of its funds. Parque Corredor is one of...
NewRiver sells retail park in Dumfries for £26.5m

NewRiver sells retail park in Scotland for £26.5m

UK real estate investment trust NewRiver REIT has completed the disposal of Cuckoo Bridge Retail Park in Dumfries, Scotland to an institutional investor for...
Hines secures more than €500m first close for European value-add fund

Hines secures more than €500m first close for European value-add fund

Hines has announced the first close of its Hines European Real Estate Partners IV (HEREP IV) fund, securing more than €500 million in capital...
Scentre Group sells 50% interest in Westfield Burwood, Sydney

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...
Charter Hall announces A$1.25bn investment in Australia

Charter Hall announces A$1.25bn investment in Australia

Australian property investment company Charter Hall Group has agreed to acquire a 49% interest for A$840 million in a $1.7 billion portfolio comprising 225 Convenience...
Covid-19 : Economic downturn to restructure Europe’s retail property sector

Covid-19 : Economic downturn to restructure Europe’s retail property sector

Due to the COVID-19 (coronavirus) outbreak, a rapidly emerging decline in the broader economic sentiment and performance is a potential stronger trigger for the...
Joint venture to buy stake in Sainsbury's supermarket portfolio for £102m

Joint venture to buy stake in Sainsbury’s supermarket portfolio for £102m

UK supermarket real estate investor Supermarket Income REIT has formed a 50:50 joint venture (JV) with British Airways Pension Trustees Limited (BAPTL), acting on behalf of the British...
Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund

Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund

Singapore listed Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), said it will acquire additional 12% interest in AsiaRetail Fund Limited...
LondonMetric announces disposals and acquisitons

LondonMetric announces disposals and acquisitons

LondonMetric Property has sold four retail properties from its long income portfolio for £22.2 million, reflecting a blended NIY of 4.6%. The company also announced the acquisition...
Simon completes acquisition of Taubman Centers

Simon completes acquisition of Taubman Centers

Simon Property Group has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG). Under the terms of...
Weingarten Realty to merge with Kimco Realty

Weingarten Realty to merge with Kimco Realty

Kimco Realty, a shopping center real estate investment trust (REIT) headquartered in Jericho, N.Y., and Weingarten Realty Investors, a shopping center owner, manager and...

MOST READ NEWS