LondonMetric announces two acquisitions totaling £73m

LondonMetric announces two acquisitions totaling £73m

LondonMetric Property Plc (LondonMetric) has announced two acquisitions for a total consideration of £72.9 million. Through a £62.0 million sale and leaseback, LondonMetric has acquired a portfolio...
Redevco adds first German asset to European retail parks fund

Redevco adds first German asset to European retail parks fund

Redevco has acquired the Bahnhofsarkaden Leutkirch retail park in southern Germany for its recently launched Redevco European Retail Parks (RERP) Fund, marking the fund’s...
Simon Property, Brookfield in talks to acquire JC Penney

Simon Property, Brookfield in talks to acquire JC Penney

Simon Property Group and Brookfield Property Partners, the biggest mall owners in the United States, and Authentic Brands Group LLC are in talks to acquire bankrupt department-store...
NBIM partners with Sonae Sierra on €1.5bn Spanish shopping centre deal

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...

Landsec divests retail park in Thurrock for £114m

Landsec has agreed to sell Lakeside Retail Park in Thurrock for a headline price of £114 million. The asset, which is 97% let, is...
MFG completes £2.5bn acquisition of Morrisons forecourts

MFG completes £2.5bn acquisition of Morrisons forecourts

Motor Fuel Group (MFG) has completed its £2.5 billion acquisition of 337 Morrisons petrol forecourts across the UK. The deal, announced in January 2024,...
Aviva Investors snaps up two retail assets in southern England

Aviva Investors snaps up two retail assets in southern England

Aviva Investors has completed the purchase of two retail assets in the south of England. The company acquired Hedge End Retail Park in Southampton and...
Brookfield, Simon Property to acquire JCPenney’s retail and operating assets

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...
AXA IM Real Assets acquires major stake in Italie Deux for €473m

AXA IM Real Assets acquires major stake in Italie Deux for €473m

AXA IM - Real Assets, acting on behalf of clients, has agreed to acquire a 75% stake in the Italie Deux shopping centre in...
Prime London retail building on Regent Street changes hands for £52m

Prime London mixed-use property on Regent Street sold for £52m

The Great Ropemaker Partnership (GRP), a 50:50 joint venture managed by Great Portland Estates plc (GPE), has completed the disposal of its short leasehold...

Eurocommercial sells 50% interest in Paris shopping centre

Eurocommercial Properties N.V. has signed a joint venture agreement with AXA Investment Managers – Real Assets (AXA IM – Real Assets), a global real...
Union Investment signs forward funding deal for Nürtingen development project

Union Investment signs forward funding deal for Nürtingen development project

Union Investment has acquired the Nürtinger Tor development project via a forward funding deal. The building at Kirchstraße 34–36 in the heart of Nürtingen dates back...

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