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...
PREIT files for Chapter 11 petition to execute financial restructuring plan
Mall owner PREIT, owns and operates over 22 million square feet of retail space in the eastern half of the United States, has filed a...
Boohoo buys Debenhams brand for £55m
Online fashion retailer Boohoo announced Monday that it has acquired Debenhams' online business and associated intellectual property from its joint administrators for £55 million...
CapitaLand exits from retail in Japan, invests in logistics assets
CapitaLand will invest about JPY 7.5 billion (S$90.8 million) in its second logistics asset in Japan.
The company has acquired freehold site to develop a four-storey...
Slate acquires German grocery real estate portfolio for over €100m
Slate Asset Management has acquired a portfolio of grocery real estate assets in Germany for over €100 million in an off-market transaction from KRE//GROUP.
Slate...
Hammerson completes sale of Glasgow shopping centre for £140m
Hammerson and its joint venture partner Canada Pension Plan Investment Board have completed the sale of Silverburn shopping centre to entities affiliated with Henderson...
Niam sells shopping centre in Helsinki for €207m
Nordic real estate private equity firm Niam has sold a shopping centre in Helsinki metropolitan area to Keva, Finland's largest pension provider, for €207 million.
Kaari...
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...
Supermarket Income REIT buys Worcester Tesco store for £38m
Supermarket Income REIT has purchased a Tesco omnichannel supermarket in Worcester, for £38.3 million, reflecting a net initial yield of 6.0%.
Tesco has been operating at...
URW sells shopping mall in California for $199m
Unibail-Rodamco-Westfield (URW) has sold Westfield Valencia Town Center, a regional mall in Santa Clarita, California, to Centennial Real Estate (Centennial) for $199 million, above...
Multi buys office complex in Alkmaar, the Netherlands
Multi Corporation has purchased a 10.000 sqm office complex including a parking garage at Wognumsebuurt 10-12 in Alkmaar.
The complex is temporarily in use by the Municipality...
Industrial and retail sectors drive investor optimism in UK CRE market
UK commercial real estate (CRE) capital values remained flat throughout April 2024, according to the latest CBRE UK Monthly Index.
Rental values increased steadily...
