Supermarket Income REIT buys supermarket in Cambridgeshire
Supermarket Income REIT plc has purchased a Morrisons supermarket in Wisbech, Cambridgeshire from Aberdeen Standard Investments for £30.0 million (excluding acquisition costs), representing a combined net initial yield of 5.0%.
The...
Godiva to close 128 stores in North America
Godiva has decided to close or sell all 128 of its brick-and-mortar stores in North America by the end of the first quarter in...
Boohoo buys Debenhams brand for £55m
Online fashion retailer Boohoo announced Monday that it has acquired Debenhams' online business and associated intellectual property from its joint administrators for £55 million...
Supermarket Income REIT buys two assets from LaSalle for £64.8m
Supermarket Income REIT has agreed to acquire a Sainsbury's supermarket in Melksham, Wiltshire, and a Waitrose supermarket in Winchester, Hampshire, from LaSalle Investment Management...
Tristan fund sells shopping centre in Rotterdam
Tristan Capital Partners’ EPISO 4 Fund has sold Ridderhof shopping centre, located in the city centre of Ridderkerk, Netherlands, to retail property specialist BAVA...
Savills IM buys Danish supermarket portfolio for new food retail fund
Savills Investment Management (Savills IM) has launched a European food retail–focused fund, the Savills IM European Food Retail Fund.
The German special fund has...
Clearbell sells three retail warehouse assets for £19.35m
Clearbell Property Partners II LP said today that it has sold three retail warehouse assets to M7 for a combined price of £19.35m.
The fully...
Urban Edge buys mall in Massapequa, NY from URW for $29.7m
Urban Edge Properties announced that it has acquired Sunrise Mall in Massapequa, New York from Unibail-Rodamco-Westfield (URW) for $29.7 million plus up to $6...
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...
JCPenney initiates search for new CEO as Soltau to exit
JCPenney announced on Wednesday that its new ownership group, consisting of Simon Property Group and Brookfield Asset Management, along with strategic partner Authentic Brands...
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...
Supermarket Income REIT buys Waitrose supermarket for £9.1m
Supermarket Income REIT has acquired a Waitrose supermarket in Market Harborough, Leicestershire from Alpha Real Estate for £9.1 million, representing a net initial yield...
