Landsec sells two retail parks for £54.3m
Landsec has sold two retail parks, Derwent Howe Retail Park and Blackpool Retail Park, for £54.3 million, representing an average 15% premium to the...
Supermarket Income REIT buys Worcester Tesco store for £38m
Supermarket Income REIT has purchased a Tesco omnichannel supermarket in Worcester, for £38.3 million, reflecting a net initial yield of 6.0%.
Tesco has been operating at...
Eurocommercial completes €110m shopping centre acquisition in Sweden
Eurocommercial has completed the acquisition of the 45,000 sqm Avion Shopping Centre in Umeå from Ingka Centres, further strengthening its position as an owner...
Evolve Estates buys retail and leisure space in London’s Elephant Park
Evolve Estates has acquired a 120,000 sq ft retail and leisure space from Lendlease at Elephant Park, one of London’s premier mixed-use regeneration projects,...
NEPI Rockcastle agrees €200m sale of shopping centre in Lithuania
NEPI Rockcastle has agreed to sell Ozas Shopping and Entertainment Centre in Vilnius, Lithuania, for a gross transaction value of €200 million, marking the...
Deutsche Konsum REIT divests 14 retail properties
Deutsche Konsum REIT, a listed real estate company focused on German retail properties, has sold a portfolio of 14 retail properties.
The buyer is an...
Lar España sells two retail parks in Spain for €129m
Spanish real estate firm Lar España has completed the sale of the Rivas Futura and Vistahermosa retail parks, comprising a total of 70,210 square...
NewRiver sells shopping centre in Northern Ireland for £59m
NewRiver REIT plc has announced the completion of the off-market sale of Abbey Centre in Newtownabbey, Northern Ireland, to The Herbert Group of Companies...
IKEA’s shopping malls business plans to enter US retail market
Swedish home furnishings retailer IKEA’s shopping malls business, Ingka Centres, plans to enter the United States retail market in the coming years and is...
Solihull’s Mell Square set for major regeneration as Council partners with Muse
Solihull Council has partnered with Muse to lead the regeneration of Mell Square, a prominent shopping destination in Solihull town centre.
The signing of...
Deka Immobilien sells Spanish shopping center for €135m
Deka Immobilien has completed the sale of the Espacio Mediterráneo shopping center in Cartagena, Spain, to Lighthouse Properties p.l.c. for €135.4 million, marking a...
Savills IM sells retail property in Berlin
International real estate investment manager Savills Investment Management (Savills IM) has sold a hypermarket in Berlin-Spandau on behalf of the European Retail Fund (ERF)....
