Art-Invest Real Estate snaps up Sweden’s largest outlet in Stockholm
Art-Invest Real Estate has completed the acquisition of Sweden’s largest outlet, the Stockholm Quality Outlet in Barkarby, located north of Stockholm.
This deal marks...
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...
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...
URW divests shopping mall in California for $537.5m
Unibail-Rodamco-Westfield (URW) has sold the Westfield Santa Anita shopping mall in Arcadia, California, to an established commercial real estate investor who owns other retail assets in Southern...
Metro Properties sells 11 Cash & Carry stores in CEE region
Metro Properties, the real estate company of METRO AG, has sold 11 Cash & Carry stores in Poland, Hungary and Czech Republic in a...
CapitaLand exits from retail in Japan, invests in logistics assets
CapitaLand will invest about JPY 7.5 billion (S$90.8 million) in its second logistics asset in Japan.
The company has acquired freehold site to develop a four-storey...
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...
LondonMetric sells retail assets to Realty Income for £40.9m
LondonMetric Property Plc has sold a portfolio of retail assets to Realty Income, an S&P 500 US REIT, for £40.9 million, reflecting a blended...
Dexus commences transformation of MLC Centre retail precint in Sydney
Dexus has commenced construction on a development that will transform the MLC Centre precinct into a vibrant community offering retail, dining, cultural and commercial...
LCP acquires two UK shopping centres for £138m
LCP Group has acquired two UK shopping centres, Cwmbran Centre, Wales’ largest shopping centre, and the Galleries shopping centre in Washington, Sunderland, from M&G...
Australian retailer Coles Group signs agreement with Viva Energy
Australian retailer Coles Group has entered into an agreement to restructure the terms of the Fuel and Convenience Alliance (New Alliance) with Viva...
Vornado to sell five Manhattan retail properties for $184.5m
Vornado Realty Trust has entered into agreements to sell five Manhattan retail properties for $184.5 million.
The Manhattan retail properties, located at 677...
