M Core acquires shopping centre in Sunderland
M Core Property, a commercial property and investment company, has acquired The Bridges Shopping Centre, a premier retail destination located in the heart of...
URW to sell 45% stake in €1bn Paris shopping centre
Unibail-Rodamco-Westfield(URW) has agreed to sell a 45% stake in the Westfield Carré Sénart shopping centre, Greater Paris to Societe Generale Assurances and BNP Paribas...
Christina Lusk joins Eurofund as asset management director
Eurofund Group has appointed Christina Lusk as asset management director as the pan-European investment and real estate group expands its UK retail portfolio.
Lusk will...
Supermarket Income REIT secures £215m loan for grocery asset joint venture
Supermarket Income REIT plc has announced the completion of a £215 million secured loan for its joint venture with funds managed by Blue Owl...
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...
Redevco, Ares JV acquires Barcelona building for mixed-use project
Redevco Iberian Ventures, a joint venture between Redevco and U.S. private equity group Ares Management, has acquired the El Corte Inglés department store in...
DTZ Investors divests Welsh retail park
DTZ Investors has sold Parc Y Llyn Retail Park in Aberystwyth for £7,750,000, reflecting 8.7% on the £720,902 pa contracted income.
The scheme totals...
Sainsbury’s buys back eight stores from joint venture portfolio
Sainsbury's has exercised its second purchase option to acquire eight stores within its reversion portfolio.
Supermarket Income REIT announced an update in relation to its...
Carmila to acquire Galimmo in €294m deal
Carmila, the third-largest listed owner of commercial property in Europe, has signed an agreement with the controlling shareholders of Galimmo, which owns and operates...
BLG Capital sells interest in Galataport Istanbul to Dogus Group
Turkish private equity real estate firm BLG Capital has announced the successful completion of its exit from Galataport Istanbul, a globally renowned mixed-use commercial...
Delancey sells shopping centre in Swansea
Delancey Real Estate has divested The Quadrant shopping centre in Swansea for £6.5m.
Lunson Mitchenall completed the sale on behalf of Delancey’s client, a major...
NIKE, Inc. provides COVID-19 update on operations
As of today, 100 percent of NIKE-owned stores and over 95 percent of partner stores in Greater China and South Korea are open, with...
