European real estate investment hits lowest H1 level since 2013
Europe's commercial real estate market continues to experience an uneven recovery, with investor confidence repeatedly disrupted by external shocks, according to the latest MSCI...
CapitaLand to sell interest in three malls in China for RMB2,960m
CapitaLand has signed an agreement with CapitaLand Retail China Trust (CRCT) to sell its interest in three malls in China – CapitaMall Xuefu and...
Puerto Venecia shopping centre in Spain sold for €475m
intu properties plc (‘intu’) and Canada Pension Plan Investment Board have agreed to sell intu Puerto Venecia shopping centre to Generali Shopping Centre Fund...
ICSC calls on state and municipal leaders to support America’s shopping center industry
As the COVID-19 crisis continues to threaten the viability of the shopping center industry as stores and restaurants close to help contain the spread...
JCPenney reopens 150 stores across U.S
JCPenney reopened 150 stores in 27 states, bringing the total to 304 reopened stores nationwide after temporarily closing due to the Coronavirus (COVID-19) pandemic....
CBRE: New York City retail sector adapt to new reality
New York City’s retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the COVID-19 pandemic, according to CBRE’s...
Alibaba to invest $3.6bn in Chinese supermarket chain Sun Art
Alibaba Group Holding Limited will invest USD3.6 billion to acquire a controlling stake in Sun Art Retail Group Limited, a hypermarket and supermarket...
Carrefour completes acquisition of store chain in Taiwan
Carrefour today announced that it has closed the acquisition of Wellcome Taiwan, including 224 proximity stores (199 Wellcome stores - average sales area of...
Hammerson sells UK retail park portfolio to Brookfield for £330m
Hammerson has agreed to sell seven retail park assets to Brookfield for £330 million, representing an 8% discount to the 31 December 2020 book...
Kimco Realty, Blackstone REIT form JV for Sunbelt shopping centers
Kimco Realty Corp. has acquired the remaining 70 percent interest in a portfolio of six Publix-anchored, Sunbelt region shopping centers from its existing joint...
Hammerson divests Leeds shopping centres for £120m
Hammerson has completed the sale of its shopping centres in Leeds for £120m to entities associated with Redical.
The assets comprise the 19,400m2 Victoria Quarter shopping...
Apollo Funds to buy Hispanic grocery chain in US from KKR
U.S. private equity firm Apollo Global Management said that funds managed by its affiliates (Apollo Funds) have agreed to acquire Cardenas Markets, a grocery retailer...
