Nike closes stores in multiple countries amid coronavirus outbreak
Sportswear giant Nike announced that it has decided to close all its stores in multiple countries around the world including in the United States,...
McDonald’s to exit Russian market, sell restaurants
McDonald’s Corporation said Monday that it will exit the Russian market and has initiated a process to sell its Russian business, after more than...
URW sells its stake in Jumbo shopping centre,Helsinki
Unibail-Rodamco-Westfield (URW) has sold its 34% stake in the Jumbo shopping centre in Helsinki, Finland, to current co-owner Elo Mutual Pension Insurance Company.
The net...
Gordon Brothers acquires Laura Ashley brand
Gordon Brothers, the global advisory, restructuring, and investment firm, has acquired the global Laura Ashley brand, archives, and related intellectual property from the Laura...
Intu sells retail park in Lisburn, Northern Ireland
Intu properties plc (‘intu’) has sold Sprucefield Retail Park to NewRiver REIT Plc for £40 million.
Sprucefield Retail Park is one of Northern Ireland's leading out-of-town retail...
Asda to open 300 new convenience stores in next four years
British supermarket chain Asda plans to open 300 new convenience stores in the next four years across the UK under its new Asda Express...
URW issues €750m bond under green financing framework
Unibail-Rodamco-Westfield (URW) has priced a €750 million green bond with a 7-year maturity, marking a significant step in the Group’s ongoing financing strategy.
The bond,...
Dexus commences transformation of MLC Centre retail precint in Sydney
Dexus has commenced construction on a development that will transform the MLC Centre precinct into a vibrant community offering retail, dining, cultural and commercial...
M7 Real Estate divests retail park in Portugal
M7 Real Estate has agreed to sell IN Guarda Retail Park in Portugal to CA Património Crescente Fund, managed by real estate fund manager...
Ingka Investments to buy property in London for £378m
IKEA's parent company Ingka Group's investment arm Ingka Investments on Tuesday said it had signed a conditional purchase agreement to acquire a property at 214 Oxford Street (Oxford Circus) in London for £378...
Citycon sells shopping center in Norway
Citycon has agreed to sell Stopp Tune shopping center in Sarpsborg, Norway for €20 million.
The price is close to the latest IFRS fair...
Eurofund acquires Bradford shopping centre in first wholly owned UK investment
Eurofund Group has made its first UK solo investment with the acquisition of The Broadway, Bradford, marking a key milestone in the group’s expansion...
