LXi REIT acquires 11 foodstores and two discount stores for £61m
LXi REIT plc, a real estate investment trust incorporated in England and Wales, has acquired 11 foodstores and two discount stores from five different vendors/developers for a...
Unibail-Rodamco-Westfield announces successful €2 Bn bond placement
Unibail-Rodamco-Westfield (URW) announced it has successfully priced a €2 Bn two-tranche senior bond offering, strengthening its liquidity position and extending the Group’s debt maturity:
A...
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 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 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 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 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 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'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 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 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 said on Monday that CBL & Associates Properties, Inc., CBL & Associates Limited Partnership (the Operating Partnership), and certain other related entities...
