Marrickville Metro Shopping Centre development commences in Sydney
AMP Capital announced that Marrickville Metro Shopping Centre’s construction has begun this month.The $142 million development which AMP Capital is managing on behalf of...
HBC to sell Lord + Taylor for $100M
Canadian retail business group Hudson' Bay Company (HBC) announced on Wednesday that it has agreed to sell its Lord + Taylor department store business to...
Frasers Property Retail buys AsiaMalls Management in Singapore
Frasers Property Retail, a retail-focused platform under Frasers Property Singapore, has agreed to acquire property manager AsiaMalls Management Pte. Ltd. (AsiaMalls Management), which currently...
Retailers welcome Federal Reserve expansion of Main Street Lending Program
The National Retail Federation today welcomed the Federal Reserve’s decision to allow larger midsize businesses hit by the coronavirus pandemic to participate in its...
NEINVER reopens its retail properties in Europe
European outlet developer and operator NEINVER reopened its four Greater Madrid and Barcelona outlet centres in Spain, thus resuming operations across all its retail...
Charter Hall, GIC acquire stake in $1.4bn convenience retail portfolio
Australian property investment company Charter Hall Group has established a partnership with GIC, Singapore’s sovereign wealth fund, to acquire a 49% stake in the Ampol...
Supermarket Income REIT buys assets from British Land for £63.4m
Supermarket Income REIT has acquired two assets, a Tesco Extra, and an Aldi supermarket, in Beaumont Leys, Leicester from British Land PLC.
The company said...
Aldi to open 100 new stores in U.S this year
Supermarket giant Aldi announced that it will open approximately 100 new stores in the U.S. in 2021 with a focus on Arizona, California, Florida and the Northeast.
Aldi...
Patrizia sells 144,000 sqm retail portfolio in Germany
Patrizia has sold a retail portfolio comprising 50 stores across Germany, on behalf of its clients, to GPEP, a German based investment manager focused...
Axis Retail to buy St Georges Shopping Centre in Greater London
Axis Retail Partners, a retail investment advisory and asset management boutique founded in partnership with Generali, has agreed to buy St Georges Shopping Centre off market at...
Savills IM pays €60m for retail park in Santander
Savills Investment Management has purchased the Bahia Real retail park in Santander, Spain, for one of its pooled funds, for €60 million in an...
URW to reduce energy intensity by 15% in Europe as crisis looms
Unibail-Rodamco-Westfield (URW) said on Wednesday that it would further increase its energy-saving approach across all of its shopping centres to support wider government and...
