CIM Group to acquire regional shopping mall in Los Angeles
CIM Group has signed a purchase and sale agreement to acquire Baldwin Hills Crenshaw Plaza, a regional shopping mall in the Baldwin Hills/Crenshaw market...
GPT retail portfolio value reduces by 8.8 percent
Australia’s property group and the ASX-listed company GPT Group announced that it has independently revalued its retail portfolio as at 31 May 2020.
The...
Shopping center owners in Australia provide $1.6bn rental assistance to retailers
The value of rental assistance by shopping center owners to small and medium (SME) sized and non-SME businesses has reached to A$1.6 billion in...
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....
EG Group to acquire Asda forecourt business for £750m
EG Group has agreed to acquire certain assets of Asda, comprising its petrol filling stations, car washes and ancillary land (Forecourt Business) for £750m.
In...
LondonMetric divests retail park in Leeds for £25.2m
LondonMetric has sold its retail park in Kirkstall, Leeds, for £25.2 million, to a UK institutional investor.
The 120,000 sq ft Kirkstall Bridge Shopping Park was developed by LondonMetric in 2015 after acquiring the site...
GIC, SCA Property form A$750m convenience retail JV in Australia
ASX-listed shopping centre owner SCA Property Group has established a A$750 million joint venture with an affiliate of Singapore-based GIC to invest in established...
BBVA to buy back 662 branches from Merlin for €2bn
Spanish bank BBVA has closed a deal with Merlin to buy back 662 branches in Spain.
BBVA sold the properties between 2009 and 2010 under a sale...
Auchan Retail to acquire 235 supermarkets in Spain
Auchan Retail said on Tuesday that its Spanish subsidiary Alcampo has signed a deal to acquire 235 supermarkets and a warehouse located mainly in...
LCP Group adds Essex retail park to portfolio
UK privately owned commercial property development and management company LCP Group has bought a new retail park in Harwich, Essex.
The group has added Gateway...
AEW buys retail asset in Cannes, France
AEW has purchased a prime retail asset in the centre of Cannes, France.
The 375m² asset is situated on rue d'Antibes, the main shopping area in...
Columbia Threadneedle Real Estate wins mandate to manage European retail portfolio
Columbia Threadneedle Real Estate has been appointed as the new manager of the City Retail Europe Fund, which consists of 23 high-street assets across...
