Turkey's Doğuş Group to sell stake in Istanbul shopping mall for $1bn

Turkey’s Doğuş Group to sell stake in Istanbul shopping mall for $1bn

Turkey-based The Doğuş Group is selling its 42 percent stake in IstinyePark, one of the biggest shopping malls in Istanbul, Turkey for around $1...
Elanor sells shopping centre for $130m

Elanor sells shopping centre for $130m

Elanor Retail Property Fund (ERF) has agreed to sell the Auburn Central shopping centre in Western Sydney to SCA Property Group for A$129.5 million,...
Charter Hall partnership acquires retail store portfolio for A$353m

Charter Hall partnership acquires retail store portfolio for A$353m

Charter Hall wholesale partnership LWHP, which comprises VFMC, Telstra Super and CHC as partners, has acquired a portfolio of six Bunnings Warehouse retail stores...
Walmart to sell majority stake in Japanese supermarket chain

Walmart to sell majority stake in Japanese supermarket chain

Walmart announced that it has signed a definitive agreements to sell a majority stake in Seiyu, a supermarket chain in Japan with more than...
Simon, Taubman revise merger price to $43.00 per share in cash

Simon, Taubman revise merger price to $43.00 per share in cash

Simon Property Group, the biggest U.S. mall operator, and Taubman Centers have reached a definitive agreement to modify certain terms of their original merger agreement, including...
Supermarket Income REIT buys assets from British Land for £63.4m

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...
UBS Asset Management acquires Sainsbury’s supermarket for £45m

UBS Asset Management acquires Sainsbury’s supermarket for £45m

UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business has completed the acquisition of a Sainsbury’s supermarket in Hinckley, Leicestershire, for c....
JCPenney gets court approval for asset purchase agreement

JCPenney gets court approval for asset purchase agreement with Brookfield, Simon

JCPenney announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved the asset purchase agreement with Brookfield Asset Management, Simon...
W. P. Carey invests €87m in Spanish supermarket portfolio

W. P. Carey invests €87m in Spanish supermarket portfolio

W. P. Carey Inc., a net-lease REIT, has announced a $102 million (€87 million) sale-leaseback of a 27-property supermarket portfolio located in Northern Spain...
CBL Properties files for voluntary Chaper 11 bankruptcy protection

CBL Properties files for voluntary Chaper 11 bankruptcy protection

CBL Properties said on Monday that CBL & Associates Properties, Inc., CBL & Associates Limited Partnership (the Operating Partnership), and certain other related entities...
PREIT files for Chapter 11 petition to execute financial restructuring plan

PREIT files for Chapter 11 petition to execute financial restructuring plan

Mall owner PREIT, owns and operates over 22 million square feet of retail space in the eastern half of the United States, has filed a...
Hammerson completes sale of 50% interest in VIA Outlets for £277m

Hammerson completes sale of 50% interest in VIA Outlets for £277m

Hammerson plc (Hammerson) said on Monday that it has completed the sale of substantially all of its 50% interest in VIA Outlets to the...

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