Simon, Taubman revise merger price to $43.00 per share in cash
Simon Property Group, the biggest U.S. mall operator, and Taubman Centers have reached a definitive agreement to modify certain terms of their original merger agreement, including...
Citycon sells three shopping centres in Sweden for €147m
Citycon has agreed to sell a portfolio of three shopping centres in Sweden to Nordic real estate private equity firm Niam for SEK 1,483...
CenterSquare, Arch form JV to invest in service properties
CenterSquare Investment Management (CenterSquare) and Arch Street Capital Advisors (Arch) have formed a joint venture (JV) to invest in high-end service properties in the...
Union Investment adds Florida retail center to global portfolio
Germany-based Union Investment has purchased the Fountains of Boynton, a grocery anchored retail center in Florida. The purchase price was not disclosed.
The...
Savills IM UK retail park fund buys four assets for £75m
Savills Investment Management's UK Value Boxes fund has acquired four retail park assets across the UK for £75 million since its launch in October...
Israeli company pays €65m for two shopping centers in Poland
BIG Shopping Centers, a real estate group in Israel, has entered the Polish market with the acquisition of two shopping centers in Poland for...
Supermarket Income REIT buys additional stake in Sainsbury’s portfolio
Supermarket Income REIT has increased its stake in Sainsbury's Reversion Portfolio to 51% by acquiring British Airways Pension Trustees' 25.5% beneficial interest for £196...
URW sells shopping centre in US for $220m
Paris-based commercial real estate company Unibail-Rodamco-Westfield (URW) has sold the Westfield Brandon shopping centre, located in Brandon, Florida, for $220m.
The sale price of $220m...
Mitiska REIM raises €168m for third European real estate fund
Mitiska REIM has raised €168 million for its third flagship fund, Mitiska European Real Estate Partners 3 (MEREP 3).
The fund has already closed three...
Aldi plans £550m UK investment this year
Aldi is set to invest over £550 million in the expansion and enhancement of its UK store and distribution network throughout 2024.
The initiative includes...
LondonMetric sells retail assets, acquires urban warehouses
LondonMetric Property has sold seven properties in separate transactions for £31.3 million, reflecting a blended NIY of 7.0% and a 3% profit over prevailing...
Evolve Estates adds two prime retail assets to portfolio
Evolve Estates, part of the commercial property and investment collective M Core, has acquired two prime retail assets in Farnham and Teddington.
The assets total...
