Aldi to open 100 new stores across UK with £1.3bn investment plan
Supermarket giant Aldi, Britain’s fifth largest supermarket with 894 stores and more than 36,000 employees, announced it plans to invest £1.3 billion over the next...
Simon to close properties on Thanksgiving Day
Simon Property Group, the largest shopping center owner in the U.S., announced it will not open properties on Thanksgiving Day.
"In these challenging times, we made...
Supermarket Income REIT buys Tesco supermarket in Bracknell for £39.5m
Supermarket Income REIT has acquired a Tesco supermarket in Bracknell from a client of CBRE Global Investors for £39.5 million, reflecting a net initial yield of 5.7%.
Developed in...
Charter Hall to acquire stake in BP New Zealand portfolio
Charter Hall Group announced that its new fund has agreed to acquire a 49% interest in a NZ $534 million portfolio of 70 triple...
Papa John’s signs deal to open 49 new stores in Philadelphia area
Papa John’s has signed a store development agreement to expand in the Philadelphia area, according to a press release. Under the agreement, HB Restaurant...
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...
Brookfield, Simon Property to acquire JCPenney’s retail and operating assets
J.C. Penney Company, Inc. announced that it has reached an agreement in principle to sell JCPenney through a court-supervised sale process. Brookfield Property Group...
IKEA’s shopping malls arm buys retail property in San Francisco
Swedish home furnishings retailer IKEA’s shopping malls arm, Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has...
RDI sells UK retail parks portfolio for £156.9m
UK Real Estate Investment Trust RDI has agreed to sale its UK retail parks portfolio of six assets for £156.9 million to M7 Real Estate Limited, on behalf of M7...
Frasers Centrepoint Trust to acquire remaining 63.1% in AsiaRetail Fund for S$1.06bn
Frasers Centrepoint Asset Management (FCAM), the manager of Frasers Centrepoint Trust (FCT), will acquire the remaining approximately 63.1% of the total issued share capital...
Retail asset in Berlin sold for €65.5m to Benson Elliot
UK-based private equity real estate fund manager Benson Elliot has acquired Schloss-Strassen Center, a retail asset in Berlin from the UK Real Estate Investment Trust...
Amazon to open new sites across Phoenix metro area
Amazon.com, Inc. announced plans to open 11 new sites across the Phoenix metro area to support customer fulfillment and delivery operations.
The new facilities expected to...
