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...
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...
