EG Group to acquire petrol station chain in Germany for €485m
UK based EG Group, owned by Co-CEOs Mohsin and Zuber Issa brothers, has reached an agreement to acquire a 285 chain of petrol station...
AIF Capital’s parking fund adds second Barcelona property to portfolio
Stuttgart-based real estate investment manager AIF Capital Group has made its second investment in Barcelona by purchasing the Princesa underground car park in the city center.
The...
URW boosts stake in URW Germany with off-market deal
Unibail-Rodamco-Westfield (URW) has increased its stake in URW Germany GmbH and related entities by acquiring a 38.9% share from its joint venture partner, Canada...
URW issues €750m green bond
Unibail-Rodamco-Westfield (URW) has successfully issued a €750m green bond with a 7-year maturity and a fixed coupon of 4.125% (i.e. mid swap + 145...
DTZ Investors pays £59m for Croydon retail park
DTZ Investors has purchased Purley Cross Retail Park in Croydon for £59 million from Oval Real Estate.
The property is a prime retail park comprising...
IKEA’s shopping malls business plans to enter US retail market
Swedish home furnishings retailer IKEA’s shopping malls business, Ingka Centres, plans to enter the United States retail market in the coming years and is...
Landsec buys full ownership of Cardiff shopping centre
Landsec has taken full ownership of St David’s shopping centre in Cardiff.
The company has secured 100% ownership of St David’s shopping centre, Cardiff, following...
NewRiver buys back £36m in shares as Growthpoint fully exits stake
NewRiver REIT plc has repurchased 47.7 million ordinary shares from Growthpoint Properties Limited for approximately £35.8 million, representing around 10% of its issued share...
NBIM partners with Sonae Sierra on €1.5bn Spanish shopping centre deal
Norges Bank Investment Management (NBIM) and Sonae Sierra have formed a joint venture that has agreed to acquire a portfolio of eight shopping centres...
Nyfosa pays €64m for property portfolio in Sweden
Nyfosa has acquired a property portfolio in Sweden for SEK 706 million (€64m).
The portfolio comprises 13 properties, including grocery and discount stores, warehouses, and...
Multi expands in Germany with new management mandates
European retail real estate manager Multi Corporation has announced its expansion in Germany with three new management mandates.
In January, Multi became property manager...
BNP Paribas REIM acquires retail property in Kiel
BNP Paribas Real Estate Investment Management (REIM) Germany has acquired a retail property in Kiel for French real estate mutual fund BNP Paribas Diversipierre...
