April retail sales drop nearly twice as much as March during coronavirus pandemic
Retail sales dropped almost twice as much during April as they did in March as the nation’s economy saw its first full month when...
NewRiver buys back £36m in shares as Growthpoint fully exits stake
NewRiver REIT plc has repurchased 47.7 million ordinary shares from Growthpoint Properties Limited for approximately £35.8 million, representing around 10% of its issued share...
DTZ Investors pays £56m for London supermarket
DTZ Investors has acquired a prime London supermarket, let to Sainsbury’s, from Lothbury for £56,250,000.
The site totals 2.5-acres and is entirely demised to...
LXi REIT divests St Albans retail park for £31m
LXi REIT has sold a retail park in St Albans to a UK institution for £31 million, equating to a net initial yield of 4.7%.
The property is let...
Helios RE Socimi secures €810m financing for Lar España retail portfolio
Helios, the consortium formed by Hines European Real Estate Partners III and Grupo Lar, has secured €810 million in financing to refinance the portfolio...
Klépierre reopens majority of shopping centers in Europe
European shopping malls investment and management company Klépierre announced that the vast majority of its shopping centers have reopened in Europe.
Since early May, restrictive...
Principal purchases supermarket in Lisbon for €10.2m
Principal Real Estate has purchased a supermarket in Lisbon, Portugal, for €10.2 million for the Principal European Durable Income Fund (PEDIF).
Located in Setubal to...
LXi REIT to acquire Sainsbury’s portfolio for £500m
LXi REIT has exchanged contracts to acquire a portfolio of 18 prime grocery store assets predominantly located in Southern England, on a sale and...
EG Group to sell 218 KFC franchise restaurants in UK and Ireland
United Kingdom-based convenience retailer EG Group has agreed to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’...
Link REIT buys 50% interest in Shanghai shopping mall for $429m
Hong Kong-listed Link Real Estate Investment Trust (Link REIT) announced Wednesday that it has agreed to acquire 50% interest in Qibao Vanke Plaza, a...
MFG to buy 337 Morrisons forecourts in £2.5bn deal
Motor Fuel Group (MFG) has agreed to acquire 337 Morrisons forecourts (including fuel, convenience kiosk and ancillary services) and more than 400 associated sites...
Yuhu Group completes acquisition of Sydney’s Bakehouse Quarter
Chinese-backed YuHu Group announced that the acquisition of Bakehouse Quarter,commercial and retail precinct in Sydney, from Kirela Development Unit Trust has been completed on...
