Covid-19 : Economic downturn to restructure Europe’s retail property sector
Due to the COVID-19 (coronavirus) outbreak, a rapidly emerging decline in the broader economic sentiment and performance is a potential stronger trigger for the...
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...
DTZ Investors buys retail warehouse asset in Bletchley
DTZ Investors has acquired Aldi and The Food Warehouse on Watling Street in Bletchley for £12.985m, representing a net initial yield of 4.0%, which...
L&G sells shopping centre in Northampton
Evolve Estates, part of M Core, has purchased the Grosvenor Shopping Centre in Northampton from L&G for an undisclosed sum.
The property company, based in...
Savills IM acquires two outlet centres for €300 mln in France
Savills Investment Management has acquired two McArthurGlen designer outlet centres in France.The properties are located in Troyes and Roubaix.
The assets were acquired from real...
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...
Prime London retail park acquired by DTZ Investors for £37m
DTZ Investors has acquired a prime retail park in London for £37,000,000.
The property is located in Zone 2, just over a mile from...
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...
Supermarket Income REIT announces six acquisitions for £113m
Supermarket Income REIT has acquired six supermarkets for £113.1 million, reflecting a combined net initial yield of 4.6%.
Acquired from different vendors, the purchases...
Barings sells shopping centre in Spain to Castellana Properties
Barings, on behalf of a core European real estate strategy, has sold the Berceo shopping centre to Castellana Properties for €108 million.
The Berceo shopping...
UKCM sells retail park to M7 Real Estate for £46.25m
UK Commercial Property REIT Limited (UKCM), which is managed and advised by Aberdeen Standard Investments, has agreed to sell Great Lodge Retail Park in...
Castellana Properties to buy shopping centre in Madrid for €340m
Castellana Properties has agreed to acquire the Islazul shopping centre in Madrid from Henderson Park and Eurofund Group for €340 million, in a deal...
