Supermarket Income REIT buys Newcastle Sainsbury’s store for £53.1m
Supermarket Income REIT plc has purchased a Sainsbury's supermarket in Heaton, Newcastle upon Tyne, from the National Farmers Union for £53.1 million, reflecting a combined net initial yield of 4.1%.
The...
AMC plans to reopen movie theatres in Northern California
AMC Entertainment said on Thursday that several AMC locations in Northern California, including San Francisco and the greater Bay Area, would begin operations on...
JCPenney files draft asset purchase agreement
Continues to Make Significant Progress Toward Final Asset Purchase Agreement with Brookfield, Simon and First Lien Lenders
Expects to Close Sale of OpCo and Operate...
HBC unveils HBC Properties and Investments
HBC has unveiled HBC Properties and Investments (HBCPI), a dedicated real estate and investments business to manage, maximize and enhance the company’s robust portfolio...
Alibaba to invest $3.6bn in Chinese supermarket chain Sun Art
Alibaba Group Holding Limited will invest USD3.6 billion to acquire a controlling stake in Sun Art Retail Group Limited, a hypermarket and supermarket...
Retail sales growth speeds up as September marks fourth month of gains
A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in September and...
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...
ICSC forecasts increased spending, longer holiday shopping season
ICSC expects 1.9 percent spending increase, bolstered by an earlier start to holiday shopping
Consumers are expected to provide a boost for retailers this holiday...
Cineworld to temporarily close all cinemas in US, UK
Cineworld has confirmed it will temporarily close all of its 536 Regal theatres in the US and its 127 Cineworld and Picturehouse theatres in...
Walmart agrees to sell UK business Asda for £6.8bn
The Issa brothers, founders and co-CEOs of EG Group, a global convenience and forecourts retailer, headquartered in Blackburn, UK, and TDR Capital, a UK-based...
NewRiver sells 90% interest in Lisburn retail park
NewRiver REIT plc (NewRiver) has sold 90% of its interest in Sprucefield Retail Park, Lisburn in Northern Ireland, to its joint venture partner BRAVO...
Thompson Thrift to develop shopping center in Naperville, Illinois
Thompson Thrift Retail Group, a wholly-owned company of Indianapolis-based Thompson Thrift, has acquired a 4.2 acres of land to develop a $19 million shopping...
