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...
Greenridge snaps up One Tower Bridge retail and leisure scheme
UK-focused real estate investment manager Greenridge Investment Management has completed the acquisition of One Tower Bridge, a prime retail and leisure scheme located on...
Lowe forms retail property redevelopment platform
Los Angeles-based Lowe, formerly known as Lowe Enterprises, the national real estate company, has formed a new platform, ''Retail reVision,'' to the assessment and...
intu seeks to access £330bn government support package
In light of the rapidly evolving COVID-19 situation, intu has made a statement on coronavirus impact.
According to a statement by company, in line with...
Mitiska REIM acquires prime retail center in Slovakia
Mitiska REIM has announced the acquisition of OC Cassovia, a prominent grocery-anchored retail center located in Košice, Slovakia’s second-largest city.
The acquisition was made on...
British Land signs four new leases with Aldi totaling 85,000 sq ft
British Land has signed four new lease agreements with supermarket giant Aldi at its retail parks, totaling c.85,000 sq ft of space, across the...
NewRiver closes £240m refinancing, returns to unsecured structure
NewRiver has agreed a new £240 million unsecured financing package, enabling the UK real estate investment trust to return to a fully unsecured debt...
BVK, Paramount JV buys Times Square retail property for $191.5m
A joint venture between German pension fund Bayerische Versorgungskammer (BVK) and Paramount Group has acquired a retail property at 1600 Broadway for $191.5 million from...
Supermarket Income REIT expands JV debt facility to £437m in refinancing move
Supermarket Income REIT plc has upsized a secured debt facility tied to its joint venture with funds managed by Blue Owl Capital, increasing total...
LondonMetric JV buys retail asset in east London for $38m
LondonMetric Property has purchased a triple net retail asset from an open ended property fund for £38 million through one of its joint ventures.
This reflects an...
JCPenney files draft asset purchase agreement
Continues to Make Significant Progress Toward Final Asset Purchase Agreement with Brookfield, Simon and First Lien Lenders
Expects to Close Sale of OpCo and Operate...
JC Penney to close 154 stores
JC Penney announced that it plans to close 154 stores as a part of its store optimization strategy. Closing sales are expected to begin...
