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,...
Covid-19 Impact : Apple closes all retail stores outside of China
Apple announced in a statement that it has decided to temporarily close most of its retail stores outside Greater China for two weeks to...
Coronavirus impact on imports expected to be larger and last longer than previously expected
The coronavirus outbreak is expected to have a longer and larger impact on imports at major U.S. retail container ports than previously believed as...
Tesco to sell its businesses in Thailand and Malaysia for $10.6bn
UK's retail giant Tesco Plc. has agreed to sell its businesses in Thailand and Malaysia, which is comprised of Tesco’s entire shareholding in Tesco...
Sonae Sierra, APG, Allianz and Elo form JV for €1.8bn Iberian retail portfolio
Sonae Sierra, APG, Allianz and Elo have entered into an agreement to form a new strategic joint venture for Sierra Prime, a EUR 1.8...
Taubman sells interest in China shopping center to Blackstone
Taubman Centers, Inc., an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet...
New World sells interests in two Hong Kong shopping malls for HK$3bn
New World Development Company Limited (NWD) has sold all of its economic interests in two shopping malls to MTR Corporation for HK$3 billion ($380...
intu agrees extension of its revolving credit facility
intu, the owner and manager of prime shopping centres in the UK, has agreed terms for an amendment and extension of its revolving credit...
Hammerson completes largest UK retail parks portfolio sale in past decade
Hammerson plc has sold a portfolio of seven retail parks to Orion European Real Estate Fund V for £400m with expected net proceeds of...
SCP Group acquires Real from Metro AG
SCP Group, a Luxembourg-based financial investment firm, has entered into an agreement with Metro AG to acquire 100% of Real, including Real’s stationary retail...
BauMont buys retail park in Edinburgh with partner Ediston for £65m
BauMont Real Estate Capital (BauMont) has acquired Hermiston Gait Retail Park in Edinburgh with operating partner Ediston Properties from Aberdeen Standard Investments for £65...
UK supermarket real estate investor buys Sainsbury’s store for £34m
UK supermarket real estate investor Supermarket Income REIT has acquired a Sainsbury's store in Hessle, East Riding from Reassure Limited for £34.0 million (excluding acquisition costs), reflecting a net initial...
