Tag: retail real estate
Retail leasing activity in APAC markets to pick up next year:...
Retail leasing activity in Asia Pacific markets is expected to pick up next year amid solid expansion demand from retailers. According to a CBRE survey...
Aldi to grow UK retail estate with 100 new stores in...
Supermarket giant Aldi plans to invest £1.3 billion over the next two years (2022-2023) in a bid to further accelerate its share of the...
Realty Income closes €93m sale-leaseback transaction with Carrefour
Realty Income has completed a €93 million sale-leaseback transaction in Spain, consisting of seven properties under long-term net lease agreements with Carrefour and its real...
Supermarket Income REIT announces six acquisitions for £113m
Supermarket Income REIT has acquired six supermarkets for £113.1 million, reflecting a combined net initial yield of 4.6%. Acquired from different vendors, the purchases...
UK Commercial Property REIT acquires Trafford Retail Park for £33m
UK Commercial Property REIT has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million. Constructed in 1999, the c. 12 acre site...
Patrizia sells German retail park portfolio
Patrizia has sold a portfolio of retail parks located across Western Germany, on behalf of clients, to MEAG, the asset manager for Munich Re...
LondonMetric sells grocery asset in Liverpool for £10.2m
LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%. The 29,000 sq ft asset was acquired in 2014 for £8.1...
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...
NewRiver sells community pub business for £222.3m
NewRiver REIT has agreed to sell Hawthorn, the community pub business, to Admiral Taverns for £222.3 million. Hawthorn owns 674 leased & tenanted and operator...
GIC, Phoenix Mills to form JV for retail-led mixed-use assets in...
GIC, Singapore’s sovereign wealth fund, and India's retail led mixed-use developer The Phoenix Mills Ltd (PML) have entered into a strategic partnership to form...