M7 Real Estate sells retail property portfolio in Germany for €86.4m
Pan-European commercial real estate investor M7 Real Estate (M7) has sold a portfolio of 27 retail properties in Germany, on behalf of M7 ISLAY...
Charter Hall, GIC acquire stake in $1.4bn convenience retail portfolio
Australian property investment company Charter Hall Group has established a partnership with GIC, Singapore’s sovereign wealth fund, to acquire a 49% stake in the Ampol...
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...
July increase in retail sales continues recovery from coronavirus pandemic
Retail sales continued to recover from the impact of the coronavirus pandemic in July, growing more slowly than the month before but adding to...
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...
Simon Property, Amazon discuss turning Sears, J.C. Penney stores into fulfillment centers
Simon Property Group, the largest shopping center owner in the U.S. and an S&P 100 company, has been in talks with Amazon.com Inc., about...
Supermarket Income REIT buys Morrisons supermarket for £14.3m
Supermarket Income REIT has acquired a Morrisons supermarket in Telford from Santander Trustees Limited for £14.3 million, reflecting a net initial yield of 5.0%.
Developed in 2012, the four-acre site is located at...
Hammerson announces stake sale in VIA Outlets and rights issue to raise £825m
UK listed real estate company Hammerson announced a proposed rights issue to raise gross proceeds of approximately £552 million (Rights Issue) and the sale...
Union Investment buys two retail properties in Madrid and Brussels
Union Investment has acquired two retail properties in Madrid and in Brussels for special fund UII EuropeanM. The parties agreed not to disclose the...
7‑Eleven to acquire convenience store chain for $21bn
7‑Eleven, Inc. (7‑Eleven), the largest chain in North America convenience-retailing industry, has entered into an agreement to acquire Speedway, a convenience store chain, from Marathon...
California Pizza Kitchen files for voluntary Chapter 11 restructuring
Will Continue to Operate in the Ordinary Course throughout Restructuring ProcessComprehensive Financial Restructuring and Committed Financing will Position CPK for Long-Term Success
California Pizza Kitchen...
David Jones sells Bourke Street Mall menswear store in Melbourne for $121m
David Jones has sold its menswear store at 299 Bourke Street Mall to Australian-based investor Newmark Capital for $121 million, progressing with the retailer’s...
